Cloud Computing Stocks on the Rise

Email this CRN article


Another big-enterprise data center hosting/co-location company, Equinix – like Terremark – has continued to invest hundreds of millions of dollars into its data center infrastructure.

But the Redwood City, Calif.-based company is actually the only company in our bag of stocks that saw the value of its shares decline over our tracking period, dropping by 8.4 percent. Equinix may have been victimized by its own numbers: while it’s recently reported year-over-year quarterly earnings growth of about 45 percent, its profit has declined by about 40 percent.


Email this CRN article

Grow your cloud business, expand your offerings and build new partnerships at NexGen Cloud Conference & Expo, December 9-10, 2015 at the San Diego Convention Center – - Use Promo Code CRN and get a free Expo Pass or $99 Conference Pass.