Why Equinix Stock Jumped 11% in August

Shares of Equinix (NASDAQ: EQIX) returned 11.3% in August, according to data from S&P Global Market Intelligence.

The company is a data center operator that's organized as a real estate investment trust (REIT).

Its stock's performance was particularly impressive when you consider that the S&P 500, including dividends, fell 1.6% last month.