Operator
Good afternoon, and welcome to the Equinix Fourth Quarter Earnings Conference Call. All lines will be able to listen only until we open for questions. Also, today s conference is being recorded. If anyone has objections, please disconnect at this time.
I would now like to turn the call over to Katrina Rymill, Vice President of Investor Relations and Sustainability. You may begin.
Katrina Rymill
Vice President of Investor Relations and Sustainability
Good afternoon, and welcome to today s conference call. Before we get started, I d like to remind everyone that some of the statements we re making today are forward-looking in nature and involve risks and uncertainties. Actual results may vary significantly from those statements and may be affected by the risks identified in today s press release, and those identified in the filings with the SEC, including our most recent Form 10-K filed on February 21, 2020 and 10-Q filed on October 30, 2020. Equinix assumes no obligati
ANALYSIS/OPINION:
GameStop has captured the nation’s attention. As widely reported, the gaming retailer’s stock price explosively increased last month from less than $20 to an intraday high of nearly $475. As a result, hedge funds lost billions of dollars in their risky bets against GameStop. Other investors including ordinary members of the public profited from their losses. In this latest cultural battleground, sore losers have started name calling.
Billionaire hedge fund manager Leon Cooperman accused GameStop investors of “sitting at home, getting their checks from the government.” Others have accused them of being “market manipulators” and even “insurrectionists.” When hedge funds behave this way, they simply call it “arbitrage.” Reality check: Hedge funds offered up a free lunch, and the public ate it.
Operator
I would now like to turn the conference over to Phil Creek. Please go ahead.
Phillip G. Creek
Executive Vice President, Chief Financial Officer
Thanks for joining us today. On the call is Bob Schottenstein, our CEO and President; Tom Mason, EVP; Derek Klutch, President of our Mortgage Company; Ann Marie Hunker, VP, Corporate Controller; and Kevin Hake, Senior VP. First, to address Regulation Fair Disclosure, we encourage you to ask any questions regarding issues that you consider material during this call because we are prohibited from discussing significant nonpublic items with you directly.
And as to forward-looking statements, I want to remind everyone that the cautionary language about forward-looking statements contained in today s press release also applies to any comments made during this call, including comments related to COVID-19. Also, be advised that the company undertakes no obligation to update any forward-looking statements made during this call.
Digital Solution For SMEs Reaching Out To Investors Date
22/01/2021
The Covid pandemic has accelerated the growth of digital technologies and many companies are now beginning to take a serious look at new ways of investor engagement and marketing, utilising the digital world to Increase brand awareness and expanding reach, opening the door to growth opportunities which might otherwise not be visible.
While it might be fair to suggest that most mega-cap companies will have more information to communicate (and more stakeholders to communicate with) than the average small-to-mid-cap, it is certainly the case that they are better resourced to meet the changing needs of investors. For companies that do not have a dedicated IR function – or large discretionary budgets to play with – this new approach to investor engagement can be intimidating.
Operator
Ladies and gentlemen, thank you for standing by and welcome to the Greif Q4 2020 earnings conference call. [Operator instructions] After the speakers presentation, there will be a question-and-answer session. [Operator instructions] Thank you. I would now like to hand the conference over to your speaker today, Matt Eichmann.
Please go ahead.
Vice President, Investor Relations and Corporate Communications
Thank you and good morning, everyone. Welcome to Greif s fourth-quarter and fiscal 2020 earnings conference call. I m joined today by Pete Watson, Greif s president and chief executive officer; and Larry Hilsheimer, Greif s chief financial officer. Pete and Larry will take questions at the end of today s call.