Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast
Corroborated by 2 sources from 2 publishers
oceaniabusiness6h ago
TL;DR
Shares of Australia's NextDC plunged 39.5% on Wednesday after the data center operator slashed its annual earnings forecast, citing power supply delays at its Melbourne facility amid local community and stakeholder opposition Australian AI data centre operator NextDC shares shed 44% on revenue delay.