Equinix, the data center REIT, has reported mixed reviews. While sold by the Baron Real Estate Fund due to share appreciation, Forbes Advisor recommends it as one of the best Real Estate stocks. Despite Hindenburg Research's short accusing the company of metric manipulation, which led to a slump in the stock, Equinix manages to expand its Malaysia footprint and establish a $600M JV with PGIM Real Estate. Its Q3 and Q4 FFO surpassed estimates and the stock has risen 10% YTD. However, an ongoing class action investigation brings uncertainty.
Equinix Reit EQIX News Analytics from Fri, 05 Jun 2015 04:59:52 GMT to Sat, 04 May 2024 07:45:02 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -4
