2354 GMT - The surprise exit of Nuix's chief executive raises questions at RBC Capital Markets. Analyst Garry Sherriff wonders why CEO Jonathan Rubinsztein is being moved on so swiftly and without any handover process. He also thinks investors will ask why the Australian intelligence-software provider didn't appoint an insider as interim CEO. While Nuix has announced no changes to its near-term guidance or strategy, Sherriff tells clients in a note that the market might want some detail on the company's annualized contract value, margins and free cash flow. RBC has a last-published sector-perform rating and A$2.60 target price on the stock, which is down 18% at A$2.38. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
October 26, 2025 19:54 ET (23:54 GMT)
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