Daily Market Updates: Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

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At close · Thu, Oct 8, 2026

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Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

Reported · Written up by our desk · Equities

The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast.

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Sources

CNBC MarketsAustralian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

CNBC WorldAustralian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

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