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Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast
21 Oct 2026, 01:44 UTC · 3 independent sources
🚨 NEXTDC SHARES PLUNGE AFTER EARNINGS CUT
NextDC shares plunged 40%.
The company slashed its earnings forecast.
It cited power supply delays at its Melbourne facility amid local community and stakeholder opposition.
Source: CNBC, ABC Australia, thestar.com.my #Australia #NextDC #earningsforecast #shares
Sources
- CNBC
Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast
- ABC Australia
Tech giant shares plunge 40pc after delays to Melbourne data centre
- thestar.com.my
Australian AI data centre operator NextDC shares shed 44% on revenue delay
