Megaport is trading at A$16.89, up 4.39%, as investors returned to Australian AI-related stocks after an overnight rally in U.S. technology shares.
- The rally was boosted by SpaceX results; the broader Australian market fell.
- Nearly 10 million shares traded, well above normal.
- Megaport announced AWS Interconnect support on October 22; services also launched in Portugal. Available reporting said there was no price-sensitive news that day, and neither development is established as the cause.