It’s s till been a tough month, but yesterday’s record rally has helped stem the losses for data cente stocks, with strong recoveries for Digital Realty Trust (DLR) and Limelight Networks (LLNW). Read More
As the market plunge continues, shares of data center and managed hosting companies have seen even steeper declines than the Dow and other major averages. Read More
While much of the data center sector was seeing sharp declines in stock prices, shares of Terremark (TMRK) surged 25.8 percent in the third quarter of 2008. A roundup of the 3Q winners and losers. Read More
It was a bad day for the Dow, and a worse day for data center stocks, many of which had bigger percentage losses than the broader indices. Read More
Half of the 12 data center stocks we track have outperformed the Dow during the first half of 2008, whene the Dow has declined 14.4 percent.
After a dismal first quarter of 2008, data center stocks roared back to huge gains in the second quarter, with all nine out of 12 publicly held companies scoring double-digit gains.
The first quarter of 2008 was dismal for investors in data center stocks.
Today’s trading on Wall Street saw double-digit gains for Savvis (SVVS), Level 3(LVLT), Limelight Networks (LLNW) and Equinix (EQIX).
January was a grim month for the stock market, but a brutal one for the data center sector.
2008 is already shaping up as a volatile year for tech stocks, as data center industry shares were battered last week.