Carnage in The Clouds

There was a follow up today to last week’s major sell off in tech-land. This time the spark that ignited the fire was an after hours report from Equinix Inc (EQIX) in which they lowered their outlook. But, the panic spread across the entire space and even hit names that have little to do with the Equinix business model or industry.

But, shoot first and ask questions later is the way of the land these days.