Nuix descends into ‘comedy of their own making’, stock slides 17pc
Jessica SierNorth Asia correspondent
Updated
Nuix shares collapsed to an all-time low on Friday as the intelligence software provider warned legal bills and falling revenue would plague the company during the first half of the year.
The Sydney-based tech business, which has been beset by scandals and is under investigation by the regulators, said revenue was expected to come in between $82 million and $85 million for the six months ended December 31.
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