Why data centre giant NEXTDC’s shares plunged | The Business | ABC NEWS
Shares in data centre operator NEXTDC plummeted over 40 per cent after returning to trade following a trading halt.
The company has downgraded its revenue and earnings guidance, as it faces a hit from the delay in getting power to a Melbourne data centre. NEXTDC said energy distributor Jemena has been delayed in its works to get power to its M3 data centre because of community backlash. From there, Daniel Ziffer Reports.
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Read more here: https://www.abc.net.au/news/2026-10-21/west-footscray-data-centre-delays-nextdc-value-asx-vic/107291744
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