Equinix opened at $728.78 yesterday before posting solid session gaining 3.1%

Published: May 27 2023, 09:16 GMT+0

Equinix opened at $728.78 yesterday before posting solid session gaining 3.1%

A quick look at yesterday: an influx of buyers helped the data center manager to end the session higher around $729.15, while establishing a $712.5 to $737.72 session range yesterday.

On the flip side, data from United States concerning Core Durable Goods Orders was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 0.3% to -0.2% this month.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

The stock has been trending positively for about 2 months. After hitting an important low of $505.39 approximately 7 months ago, the internet connection and data center specialist has bounced back 39.94% since.

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