Short sellers were squeezed by a rally in shares of data centre provider NextDC on Friday, as investors rewarded the tech company’s plans to tap private capital markets to help fund a $15 billion data centre development in Sydney.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
