Raiffeisen Bank International AG Trims Stake in Equinix, Inc. $EQIX
MarketBeat
Raiffeisen Bank International AG reduced its stake in Equinix, Inc. by 8.3% in the second quarter, selling 3,311 shares but still owning 36,564 shares valued at $39.7 million. Despite this reduction, institutional investors collectively own 94.94% of Equinix. The company reported strong financial results with a 16.4% year-over-year revenue increase and an EPS of $11.78, significantly exceeding analyst estimates, and maintains a "Moderate Buy" consensus rating from analysts with an average price
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.