09:10 AM EDT, 07/21/2025 (MT Newswires) -- Equinix ( EQIX ) is under pressure from Elliott Investment Management, which has built up its stake in the data center operator and is pushing for steps to boost Equinix's ( EQIX ) share price, Bloomberg reported Monday, citing people knowledgeable about the matter.
The report said Elliott, which had disclosed holding 150,000 shares or about 0.2% of Equinix ( EQIX ), may push for additional margin improvements, a potential buyback, or revisions to a capital expenditure plan.
Bloomberg said engagement between Equinix ( EQIX ) and Elliott has been described as collaborative so far.
Equinix ( EQIX ) and Elliott did not immediately respond to MT Newswires' request for comment.
Shares of Equinix ( EQIX ) were up 2.7% in recent premarket activity Monday.
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