Reported about 3 hours ago
Paul Singer's Elliott Investment Management has increased its stake in Equinix (EQIX), elevating it to one of the top ten shareholders. Amid a challenging year, with shares down 15%, this move is seen as a potential catalyst for change, especially as demand for data centers continues to rise. Equinix reported strong Q1 earnings and raised its revenue guidance, leading analysts to have a 'Strong Buy' consensus rating on the stock, with significant growth potential estimated.
Source: YAHOO