Trading The Facebook Announcement
While the announcement of a Facebook video chat was not market moving, some news coming out of the conference can actually have an impact on your portfolio.
Facebook said that the company is going to build more data centers, as opposed to leasing them going forward. A few related names in this space are Equinix (NASDAQ: EQIX), Digital Realty Trust, Inc. (NYSE: DLR), and DuPont Fabros Technology, Inc. (NYSE: DFT).
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.