$80 Billion Global Data Centre REIT Equinix Targeted by Short-Seller Hindenburg Research Highlighting Accounting Manipulation, Classifying Expenses as Capital Improvements, Operating Margins Driven by Financial Engineering, Improved Performance Led to $295 Million Stock Award Grants to Top Executives, Equinix Share Price Decreased -5% Since Reported Published on 20th March 2024
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$80 Billion Global Data Centre REIT Equinix Targeted by Short-Seller Hindenburg Research Highlighting Accounting Manipulation, Classifying Expenses as Capital Improvements, Operating Margins Driven by Financial Engineering, Improved Performance Led to $295 Million Stock Award Grants to Top Executives, Equinix Share Price Decreased -5% Since Reported Published on 20th March 2024
23rd March 2024 | Hong Kong
Leading global data centre REIT Equinix with $80 billion market value (22/3/24) has been targeted by short-seller Hindenburg Research, highlighting accounting manipulation, classifying expenses as capital improvements, operating margins driven by financial engineering, and improved performance leading to $295 million stock award grants to top executives.Equinix share price decreased -5% since reported published on 20th March 2024.Equinix is the world’s digital infrastructure company. We interconnect industry-leading organizations such as finance, manufacturing, retail, transportation, government, healthcare and education across a digital-first world. Business leaders harness our trusted global platform to bring together and interconnect the foundational infrastructure that powers their success—sustainably and securely.Founded in Silicon Valley in 1998 as a vendor-neutral multitenant data center provider where competing networks could securely connect and share data traffic, we chose a name that reflected our company’s focus on EQUality, Neutrality and Internet eXchange—Equinix.Through Platform Equinix® and our ecosystem of leading service providers, digital leaders fast-track competitive advantage across clouds, networking, storage, compute and software. Whether you’re building a history-making product, blazing an industry-first business model or pioneering a new way to collaborate globally, Equinix provides the global reach, the rich ecosystem and the service excellence today’s organizations need to compete and win.
“ $80 Billion Global Data Centre REIT Equinix Targeted by Short-Seller Hindenburg Research Highlighting Accounting Manipulation, Classifying Expenses as Capital Improvements, Operating Margins Driven by Financial Engineering, Improved Performance Led to $295 Million Stock Award Grants to Top Executives, Equinix Share Price Decreased -5% Since Reported Published on 20th March 2024 “
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$80 Billion Global Data Centre REIT Equinix Targeted by Short-Seller Hindenburg Research Highlighting Accounting Manipulation, Classifying Expenses as Capital Improvements, Operating Margins Driven by Financial Engineering, Improved Performance Led to $295 Million Stock Award Grants to Top Executives, Equinix Share Price Decreased -5% Since Reported Published on 20th March 2024
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