Equinix Inc is a global data center and interconnection company that provides a platform for businesses to connect and exchange information securely and efficiently. They offer a wide range of services, including colocation, cloud connectivity, and managed services, enabling companies to enhance their digital infrastructure and optimize their network performance.

In terms of technical analysis, the stock of Equinix Inc recently failed to hold a breakout and made new relative lows. This indicates that the stock price initially broke out of a trading range or resistance level but was unable to sustain the upward momentum. The failure to hold the breakout suggests a bearish sentiment and a potential reversal in the stock's price movement.

Investors and traders should carefully assess the implications of the failed breakout and the new relative lows. It is important to closely monitor the stock's price action, key technical indicators, and any relevant news or events that may impact the stock's performance.