Business
Nuix (ASX:NXL) share price hits all-time low: Time to buy?

Nuix Ltd (ASX: NXL) shares sank to an all-time low of $5.70 during intraday trade on Wednesday.
The Nuix share price actually fell off a cliff back on Friday when the analytics software provider announced its financial results before the ASX opened for trade.
The 4% decline in revenue and statutory net loss of $16.6 million didn’t impress the market, which felt the company was falling behind its own prospectus projections.
After trading at as high as $11.86 in January, Nuix shares fell an ugly 31% that day to go from $8.98 to $6.20.
And the Nuix share price has descended even further this week to trade in the $5s by Wednesday lunchtime.
So what…
-
Noosa News21 hours ago
Unlawful wounding charges, Caloundra – Sunshine Coast
-
General23 hours ago
California worker dead and hundreds arrested after cannabis farm raid
-
General15 hours ago
West Indies-Australia live: Third day-night Test in Jamaica
-
Business14 hours ago
This artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025