On August 12, Equinix rose 3.05% in regular trading, trading at $1,063.62 per share, with turnover of approximately $78.71 million. The stock gained momentum following regulatory clearance for a major acquisition.

The European Commission approved the $4 billion acquisition of data center colocation services provider atNorth by Equinix and Canada Pension Plan Investment Board (CPP Investments). The Commission stated the transaction does not raise competition concerns. Originally announced in February, the deal will give Equinix approximately a 40% stake in atNorth, which comprises entities including Green DC LuxCo, SEKCO, SEKCO2AB, and Green DC. The regulatory approval removes a significant uncertainty overhang and signals positive progress in Equinix's strategy to expand its Nordic data center footprint.

Within the Data Center REITs sector, peers also showed strength, with Fermi Inc. up 3.79%, Digital Realty Trust Inc up 3.05%, and Blackstone Digital Infrastructure Trust up 0.1%.

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