Equinix Expectations Multiple Coming in Around 17%

from Data Center Stocks:

>>The expectations multiple is at work again this afternoon, with Equinix shooting up 7% to over $82 after hours after revenue came in 4/10th of one percent over the midpoint of the guidance range it gave three weeks ago. So it lost over a third of its value after guiding down 2%, and has gotten 7% back after coming .4% higher, an expectations multiple of around 17 in each case.

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Wall Street is simply not able to handle the fundamentals of the data center industry calmly.