Business
Nuix (ASX:NXL) share price crashes 12% after downgrading guidance again – The Motley Fool Australia
The Nuix Ltd (ASX:NXL) share price is dropping today after it downgraded its guidance just a little over a month after issuing it…
The Nuix Ltd(ASX: NXL) share price is tumbling lower again on Monday after downgrading its guidance just over a month after a previous downgrade.
At the time of writing, the investigative analytics companys shares are down 12% to a new record low of $2.97.
This means the Nuix share price is now down a whopping 75% from its 52-week high of $11.86.
What did Nuix announce?
According to the release, Nuix is now expecting pro forma revenue of $173 million to $182 million in FY 2021. This compares to…
-
General22 hours agoMan dies in daylight shooting in Sydney’s north-west
-
General23 hours agoMurder trial begins for man accused of killing and burning David Collisson near Mudgee
-
Noosa News23 hours agoGlencore receives taxpayer bailout to save Mt Isa mining jobs
-
General16 hours agoNewsCorp executive warns AI firms are asking Australia to ‘surrender our stories’