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Equinix Investment: Polar Asset Management Buys $12.2M of Shares

Equinix logoEquinix
Sig3.72Sen+6.41Env0.00Soc+5.61Gov+2.03

Polar Asset Management Partners acquired 11,700 Equinix shares worth about $12.20 million. Wedbush Fund Advisers also bought a new position worth about $709,000. Truist raised its Equinix target to $1,220 with a buy rating after the firm topped quarterly EPS expectations ($11.78 vs. $4.73) and disclosed a Sept. 16 dividend; insider Kurt Pletcher sold 135 shares.

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