Firmus IPO Turmoil: Maas Group Shares Plunge 30% as Nvidia-Backed AI Data Centre Operator Weighs Price Cut Ahead of ASX Listing
Shares of the construction services company Maas Group fell about 30 percent on Thursday after reports that Firmus, the Nvidia-backed AI data centre operator in which it holds a 3.2 percent stake, may shrink its roughly US$5 billion initial public offering and lower its price. One of the biggest stock market debuts in Australian history … Read more