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AAP

Technology

Derek Rose

Data centre developer's shares crash after backlash

NextDC Data Centres Jemena

NextDC's shares closed at their lowest level since 2018 after its flagship site hit a roadblock. (Christopher Hopkins/AAP PHOTOS)

Shares of Australia's largest listed data centre developer have plunged amid a community backlash that will cause issues for the development of its flagship site.

NextDC shares closed Wednesday at $5.35, down 41.7 per cent from Tuesday and their lowest level since 2018.

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