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Wednesday, October 21, 2026Updated 01:59 UTC

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

Source: CNBC · Oct 21, 2026 01:44 UTC

Red line chart of stock prices on a screen — File photo rawpixel · CC0 · Source

The Quick Take

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

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