Stock Track | NEXTDC LTD Plummets 5.28% Intraday on AI Disruption Concerns
Stock Track
Feb 23
NEXTDC LTD's stock experienced a sharp decline of 5.28% during intraday trading on Monday, reflecting a significant sell-off in the technology sector.
The drop was driven by persistent investor concerns over the potential negative impact of artificial intelligence-driven disruption on technology companies. Market sentiment turned cautious as fears grew that AI advancements could unsettle traditional business models within the sector.
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