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NEXTDC suspends trading ahead of announcement

Original: Live: Local data centre giant suspends trading ahead of announcement By Daniel Ziffer Data centre operator NEXTDC suspen

Australian data centre operator NEXTDC has suspended its shares from trading on the ASX pending an announcement, with the market speculating on what the company will reveal. The news lands as Wall Street rebounds, with the Nasdaq up about 1%, amid ongoing debate over whether tech and data centre valuations amount to a bubble. ABC business reporter Daniel Ziffer is following the day's developments, and investors are watching closely for clues on capital raising, acquisitions or major contracts.

Why now: A trading halt by a major data centre operator typically signals a significant pending announcement, fueling speculation amid wider concerns about a tech bubble.

NEXTDCASXNasdaqDaniel ZifferABC News

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Evidence

• Live: Local data centre giant suspends trading ahead of announcement By Daniel Ziffer Data centre operator NEXTDC suspends trading and Nasdaq leaps +1% as Wall Street fights "tech bubble" chat. Follow the day's events and insights from our business reporters on the ABC News… · abcfeeds@rssfeed.media · 2

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