NextDC in trading halt

NextDC in trading halt

The datacentre company has temporarily suspended trading on the ASX

Datacentre provider, NextDC (ASX:NXT), has been granted a trading halt on the ASX pending an important announcement.

The halt begins today and will be lifted on March 21 unless the ASX decides otherwise.

According to a statement by the ASX, the halt was granted since NextDC was able to provide information to the stock exchange group to prove it was necessary.

ARN is awaiting a response from NextDC CEO, Bevan Slattery.

The company started trading on the ASX in December last year.

Last week, the datacentre provider announced it has acquired a datacentre site in Sydney to fulfil plans of expanding into the capital city.

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Tags Australian Stock Exchance (ASX)NextDC

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