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ASX tops 7200 for first time; Nuix plunges 10% on downgrade – The Sydney Morning Herald

The ASX 200 rose 0.3 per cent and above 7200 for the first time in its history this morning, buoyed by the banks and miners.

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Software company Nuix has lowered its full year forecasts following recent developments in its new and existing customer contract revenue pipeline.
The company, which listed on the ASX in late 2020 and in a process that was recently investigated by The Sydney MorningHerald, Age, and Financial Review, now expects to see pro forma revenue of between $173 million and $182 million, down from a forecast of between $180 million and $185 million provided in late April.
Nuix chief executive Rod Vawdrey….

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