SWCH

Stats

Summary

Switch is a company based in Las Vegas, Nevada, that develops and operates the SUPERNAP data center facilities and provides colocation, telecommunications, cloud services, and content ecosystems. Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. In 2002, Roy purchased a former Enron facility in Nevada in an auction only attended by Roy since Enron's "fiber plans were so secretive that few people even knew about the auction", with the facility which Enron invested millions of dollars into selling for only $930,000. The facility was built in a rundown area of Las Vegas near E Sahara, constructed right over the "backbone" of fiber optic cables providing service to technology companies nationwide, which Enron sought to use as a way to sell bandwidth to Internet service providers like a commodity. Six years later in 2008, Switch was planning to build its first SUPERNAP facility which would "rival anything being built by the likes of Microsoft and Google" for $350 million, with Roy stating that he could store "four times as much gear as those companies do in his center".

Market Cap: 1.88 Billion

Primary Exchange: NEW YORK STOCK EXCHANGE, INC.

Website: https://www.switch.com

Shares Outstanding: 119 Million

Float: 0

Dividend: 0.158223508319679 (0.01%)

Beta: 0.7415023692373208

Sector: Information

Industry: Data Processing, Hosting, and Related Services

Ethical Flags

Longest drawdown: 793 trading days

From: 2017-10-06 To: 2020-11-27

Lowest Point: