Eqinix Inc. investor buys 71,900 more shares
Bobby Raines 04/17/2014
SPO Adivsory Corp., already a beneficial owner of shares of
Equinix Inc. (
, bought 71,900 more shares between April 14 and April 16. At
prices between $170.43 and $180.06 per share, the fund paid
$12,345,230 for the new shares.
IK-> The technicals for EQIX ($179.75 flat) are bullish with a neutral trend. Recent support has been near $170.48 and recent resistance has been near $185.44. Standard & Poor's has a three STARs (out of five) ranking on the stock. Look at the June 155/160 bull-put spread for a 20-cent credit. That's an 4.2% return and the stock has to fall 11.0% to cause a problem. [InvestorsKeyhole, Various news and data services]