Raiffeisen Bank Cuts EQIX Stake as Equinix Reports Strong Earnings and Launches Fabric One
Raiffeisen Bank International AG reduced its Equinix stake by 8.3% to 36,564 shares, after selling 3,311 shares, while Avion Wealth increased its holding to 26 shares. Equinix reported quarterly EPS of $11.78, beating consensus, and disclosed a dividend payable Sept. 16 with a 132.90% payout ratio. Equinix also unveiled Fabric One to connect enterprise, cloud, networking and AI environments.