Baron Real Estate Fund has decided to offload its stocks in
Equinix (EQIX) due to appreciation in their value. This decision comes amid a slump due to a short by activist investor,
Hindenburg. Recent happenings raised questions around
Equinix stocks, especially the wisdom in making investments before earnings announcements. Class action from
Stockholders is ongoing, and EQIX is subjected to scrutiny. Regardless, some investors view this as a desirable investment due to impressive AI demand that propelled
S&P 500 REIT xScale Portfolio above $8 Billion. Equinix and
PGIM Real Estate recently entered a $600M JV. Opinions around Equinix's stock value are diverse, with some arguing that the stock is rightly valued and others suggesting otherwise. Despite a 10% YTD rise, EQIX's future performance is uncertain. A short seller's report has further targeted the company. Additionally,
Nancy Pelosi's Palo Alto Networks investment is viewed as a bullish move for the data real estate investment trust. In terms of investments,
Equinix is seen as a solid choice with the longest growth streak in the S&P 500. High expectations remain around the company as it embarks on the development of its first xScale Data center with PGIM.
Equinix Reit EQIX News Analytics from Mon, 05 Jan 2015 08:00:00 GMT to Thu, 09 May 2024 07:00:00 GMT -
Rating -6
- Innovation 3
- Information 8
- Rumor -4
