Kirby McInerney LLP Reminds Equinix, Inc. (EQIX) Investors of Class Action Filing and Encourages Investors to Contact the Firm
Equinix, Inc. (EQIX)
Last equinix, inc. earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
equinix.com/company/investors
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Equinix, Inc. (“Equinix” or the “Company”) (NASDAQ: EQIX) securities during the period of May 3, 2019 through March 24, 2024, inclusive (“the Class Period”). Investors have until July 1, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.[Click here to learn more about the class action]On March 20, 2024, Hindenburg Research released a report on Equinix entitled “Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions.” The Hindenburg Report alleged that Equinix manipulated its profit margin and its Adjusted Funds From Operations (“AFFO”) by misclassifying typical operational expenses, or maintenance CapEx, as growth CapEx. In addition, the report alleged
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EQIX
News
- Equinix, Inc. (NASDAQ: EQIX) had its price target raised by analysts at Scotiabank from $954.00 to $985.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Equinix, Inc. (NASDAQ: EQIX) had its price target raised by analysts at TD Cowen from $865.00 to $984.00. They now have a "buy" rating on the stock.MarketBeat
- Equinix CEO Adaire Fox-Martin on Q3 earnings [CNBC]CNBC
- Equinix, Inc. (NASDAQ: EQIX) had its price target raised by analysts at BMO Capital Markets from $975.00 to $1,020.00. They now have an "outperform" rating on the stock.MarketBeat
- MENA Colocation Existing & Upcoming Data Center Portfolio Report 2024-2028: White-floor Space, IT Load Capacity, Retail Colocation Pricing, and Wholesale Colocation Pricing [Yahoo! Finance]Yahoo! Finance
EQIX
Earnings
- 10/30/24 - Miss
EQIX
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/28/24 - Form 4
- EQIX's page on the SEC website