NextDC shares soar despite no announcement
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The news: NextDC shares soared on the ASX, becoming the best performer across the ASX 200 by afternoon trade, despite no new announcements.
The numbers: Shares in the data centre company rose 8.62% to $17.46 by 12:56pm AEST. Over the last 12 months, its shares have rocketed 33.35%.
The context: When the ASX queried NextDC on the jump in share price, the company said it was not looking to make any announcements.
However, it noted its recent inclusion in the NAREIT Real Estate Index — Quarterly Review 2024 in the US overnight.
Also overnight, Blackstone formally announced its acquisition of data centre operator AirTrunk for $24 billion, potentially boosting sentiment around the sector.
What they said: “In addition it notes there has been significant recent activities in the data centre sector,” NextDC said on the review.
The source: ASX announcement
