Business
The Nexion (ASX:NNG) share price is down today despite good news
The Nexion Group Ltd (ASX: NNG) share price plummeted this morning despite good news announced by the tech company.
The global cloud and technology company announced it has partnered with Aryaka Networks, a California-based cloud technology service provider, to build its OneCloud node internationally for the first time.
Despite the news of its overseas expansion, the Nexion share price is down 4% at the time of writing after recovering from an 8% drop this morning. Its share price is currently 24 cents.
Nexion’s overseas expansion
Nexion Group’s subsidiary Nexion Networks Pty Ltd and Aryaka are to build a software-defined wide-area…
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