Australia's DXN soars on $2.3 million data centre deal with US firm

Dxn

16/04/2025 03:20

** Shares of DXN Ltd DXN.AX rise 23.3% to A$0.037, highest level since April 2

** Stock set for strongest session since September 13, if gains hold

** The data centre manufacturer announces agreement to provide data centre service with a U.S. based satellite earth stations provider for A$3.6 million ($2.3 million) over 5 years

** Stock down 35.1% YTD, including moves in current session

($1 = 1.5738 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))