Though off the day's highs, Equinix (EQIX +8.9%) remains up sharply thanks to its Q1 beat and...
Though off the day's highs, Equinix (EQIX +8.9%) remains up sharply thanks to its Q1 beat and healthy top-line guidance, and is giving a lift to other data center owners: DFT +6.4%. INXN +5.5%. RAX +2.2%. During its earnings call, Equinix talked up its growing global reach: Asia-Pac revenue rose 7% Q/Q, and 59% of the company's monthly recurring revenue now comes from customers leveraging facilities in multiple countries.
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