PomegraNEXTDC Stock Jumps 51% After Goodman, Digital Realty Raid
Why did NEXTDC stock jump 51%?
NEXTDC (NXT:ASX) stock jumped 51% on Thursday after Goodman Group and Digital Realty bought a 9.9% stake at A$9.50 a share in an aftermarket raid.
Key numbers
| NEXTDC one-day move | +50.84%Thursday close |
|---|---|
| Raid price per share | A$9.50+45.5% vs A$6.53 prior close |
| Stake bought | 9.9%75.2M shares, 3–6 Nov |
| Average price paid | A$9.22about A$693M total, vs A$730M quoted at A$9.50 |
| NEXTDC 2026 drop before raid | 40%+after guidance cut |
What happened
NEXTDC (NXT:ASX) stock jumped 51% on Thursday after Goodman Group and Digital Realty bought a 9.9% stake at A$9.50 a share in an aftermarket raid. The data center firm's shares had fallen more than 40% this year after it cut its own forecast (guidance) over a power delay at its Melbourne M3 site. The buyers paid an average of A$9.22 for 75.2 million shares through a shared trust. They say they have no plan to make a takeover offer now but keep that option open.
Why it matters
NEXTDC is one of Australia's biggest data center companies, and this deal shows how hard big investors are chasing buildings that house AI computers. The buyers paid a 45.5% premium to the previous closing price, a sign they see the business as worth far more than its battered share price. NEXTDC's board called the move "opportunistic" and hired advisers, so a takeover fight is possible, though no offer has been made.
Who this affects
- MarketbullishMedium impact
- Data center investors gain as buyers signal sector value.
- CompanymixedHigh impact
- Shareholders gain, but the board calls the move opportunistic.
- CompetitorsmixedLow impact
- Digital Realty and Goodman rose about 2% on the news.
- IndustrybullishMedium impact
- Power-ready data center capacity looks scarce and valuable.
NEXTDC vs Digital Realty, Equinix, Goodman
| NEXTDCNXT:ASX | ~A$7.9B | +50.8% | — |
|---|---|---|---|
| Digital RealtyDLR:NYSE | US$68.6B | +2.6% | +21.9% |
| EquinixEQIX:NASDAQ | — | — | +39.7% |
| Goodman GroupGMG:ASX | — | +2% | — |
As of 2026-11-05
How we got here
NEXTDC cuts fiscal 2027 guidance over M3 Melbourne power delay; shares fall more than 40%.
Goodman and Digital Realty trust runs aftermarket raid at A$9.50 versus A$6.53 close.
NEXTDC closes 50.84% higher; board calls the stake purchases opportunistic.
Buyers confirm 9.9% stake, 75.2M shares at an average A$9.22.
What to watch
- Whether Goodman and Digital Realty make a takeover offer, which they have reserved the right to doQ4 2026
- Whether NEXTDC shares hold above the A$9.50 raid price after trading near A$10.23 on 9 November2026-11-10
Educational content only. Not investment advice.
More briefsAll briefs →
Firefly Aerospace Stock Jumps 37% After $1.3B Engine Deal
Firefly Aerospace (FLY) closed at $20.76 Friday and joined NASA's $10B moon program before tonight's earnings.
Gold Jumps to $4,140 Two-Week High on Softer Dollar
Gold (XAU) rose 1.7% as a weaker dollar and Washington politics outweighed strong US jobs data.
France Blames Iran for Hack of 700 Supermarket Fridge Sites
Carrefour (CA.PA) was among chains hit as France seeks arrest warrants and EU sanctions over fridge hacks