Data Center Stocks Bruised in First Quarter

There’s no sugarcoating it: the first quarter of 2008 was dismal for investors in data center stocks, as several years of high-flying were undone amid a broader market correction. You know things are tough when a company gets acquired and still shows a decline in its stock price for the quarter. That was the story for Bladelogic (BLOG), which was the top performer on our list with a decline of 5 percent. Next best were Rackable (RACK) and Digital Realty Trust (DLR) which tracked the Dow Industrials (down 8 percent). Here’s the rundown:

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Terremark (TMRK), DuPont Fabros (DFT) and Akamai (AKAM) had percentage losses in the teens, but all seven other companies on the list all lost at kleast a third of their value in the quarter.

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About the Author

Rich Miller is the founder and editor at large of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.