This Massive Tech Company Is the Latest Short-Seller Target -- Should You Sell the Data Center Giant?
Short-selling firm Hindenburg Research issued a lengthy report outlining its short thesis for data center leader (NASDAQ: EQIX). In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss the report, whether the allegations should cause concern, and whether Equinix and other data center operators could still be solid long-term investments.
*Stock prices used were the afternoon prices of March 21, 2024. The video was published on March 22, 2024.
Source Fool.com
Equinix Inc. Stock
€739.60
0.330%
We see a rather positive sentiment for Equinix Inc. with 13 Buy predictions and 1 Sell predictions.
As a result the target price of 835 € shows a slightly positive potential of 12.9% compared to the current price of 739.6 € for Equinix Inc..