🟢 NEXTDC is trading 5.4% up today as tech shares rebound from AI spending concerns

NEXTDC is trading 5.4% up at $13.47 as technology stocks bounce back from a recent selloff driven by AI spending worries.

• The price action aligns with a broader recovery in the tech sector following strong large-cap earnings and improved risk appetite.
• The move reverses a portion of the previous session's losses, which were linked to sector-wide sentiment rather than company-specific developments.
• There have been no new announcements from NEXTDC to account for the price movement today.