>>Last month we wrote about the potential that colocation prices could rise as data center space runs short due to mothballed construction projects. The Wall Street Journal (subscription) has now written about this trend, noting that “demand is outpacing supply, and that could potentially drive up prices of data-center services.”
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The biggest winner in Tuesday’s trading was DuPont Fabros Technology (DFT), whose shares have been battered since it suspended construction on three large data center projects. Shares of DuPont Fabros jumped 34 percent yesterday, closing at $3.68 per share. The value of DFT has doubled over the past five trading sessions.
Other companies in the colocation and hosting sector with gains include:
- Switch and Data (SDXC), up $1.02 to $9.97, up 12.8 percent
- Savvis Communications (SVVS), up 77 cents to $8.48, a gain of 10 percent
- Terremark Worldwide (TMRK) rose 31 cents to $4.19, up 8 percent
- Rackspace (RAX) , with a gain of 24 cents to $4.49, up 6.9 percent
- Internap Network Services (INAP) added 19 cents to $6.40, up 6.4 percent
- Equinix (EQIX) rose $3.62 to $62.89, an improvement of 6.1 percent
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