GDS Holdings stock slips after DayOne’s $2 billion raise — what investors watch next
NEW YORK, Jan 9, 2026, 10:49 EST — Regular session Shares of GDS Holdings Limited (GDS.O) were down 1.9% at $40.95 in morning trade on Friday, trimming a rally that lifted the China-linked data center operator a day earlier. The stock closed up 8.6% on Thursday at $41.75. (Morningstar) The swing matters because investors have been treating GDS as a high-beta read on spending for new “hyperscale” data centers — huge sites built for cloud and AI computing — while watching how its overseas affiliate funds growth. DayOne Data Centers this week outlined a $2 billion-plus equity raise and expansion