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Why Equinix Stock Was Swooning This Week

The data center industry is standing in front of major expansion due to the unbending popularity of artificial intelligence (AI). Despite that, top sector name Equinix (EQIX -9.23%) has been having a rough few days on the stock exchange of late, especially following its analyst day event on Wednesday.All told, according to data compiled by S&P Global Market Intelligence, week-to-date as of Thursday night, the company's share price was down by almost 16%.Some growth to be gobbled by capexNo investor likes to ...