https://www.live-feeds.com/feed/nextdc-shares-plunge-44-after-public-backlash-hits-data-centerContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/nextdc-shares-plunge-44-after-public-backlash-hits-data-centerhttps://www.live-feeds.com/feed/nextdc-shares-plunge-44-after-public-backlash-hits-data-center#u158466Tue, 27 Oct 2026 14:51:09 +0000Australian data center operator NextDC suffered a 44% share price collapse after slashing its full-year earnings and revenue guidance. Public backlash and community protests against a 22-metre-high power pole network upgrade in West Footscray delayed electricity supplies to the M3 Melbourne facility. The development freeze wiped roughly A$2 billion to A$3.1 billion from the company market value. NextDC also cut its financial year 2027 EBITDA guidance to a range of A$245m-265m, dealing a severe blow to broader artificial intelligence sector sentiment and halting key infrastructure expansion pla