NEXTDC LTD's stock surged 5.54% intraday on Thursday, as the Australian data centre operator participated in a broad technology sector rally.
The rise comes as Australian technology shares snapped a four-session losing streak, bouncing back after tech stocks led a rebound on Wall Street overnight with the Nasdaq closing up 1.29%.
The broader Australian tech index was set for its best day in over a week, with NEXTDC among the notable gainers alongside other tech companies.