What’s happening with the NextDC share price?
The NextDC Ltd (ASX: NXT) share price continues its descent.
Shares in the data centre operator have shed about 7% of their value in the past week.
In fact, the last few months haven’t been great for NextDC shareholders.
Back in October last year, NextDC shares were changing hands for around $17.80.
As I write this, you can snap up a NextDC share for less than $12 apiece.
That represents a decline in value exceeding 30% in a few months.
As a NextDC shareholder, I find those figures a bit unsettling.
In fact, a few things about NextDC have unsettled me over the past year or so.
First, my investment in NextDC was largely based on the company’s position as a leading and established Australian data centre operator.
I liked that it had a…
