Equinix Inc. (EQIX) announced Thursday morning that its Board of Directors has approved a plan for the company to pursue conversion to a real estate investment trust. Equinix expects to elect REIT status for its taxable year beginning January 1, 2015.
Equinix gapped open sharply higher Thursday morning and is now up 19.83 at $206.38. The stock has risen past resistance and has set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.