Here's How Much $1000 Invested In Equinix 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Equinix (NASDAQ:EQIX) has produced an average annual return of 17.88%, outperforming the market by 9.76% on an annualized basis. A $1000 investment in EQIX 20 years ago would be worth $27,301.07 today. Equinix's market capitalization currently stands at $74.96 billion.
May 14, 2024 | 9:30 pm
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Equinix has demonstrated significant long-term growth, with a $1000 investment growing to $27,301.07 over 20 years, showcasing an average annual return of 17.88%.
The substantial growth in investment value over 20 years, coupled with an average annual return that significantly outperforms the market, indicates strong and consistent performance by Equinix. This historical performance is likely to positively influence investor perception and could lead to increased investor confidence in EQIX, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100