Why is Nextdc stock crashing today?

Market reports indicate that Nextdc stock is currently crashing, reflecting a significant downward trend in its valuation. Simultaneously, Contemporary Amperex Technology is experiencing a stock slide, with shares decreasing in value. Both companies are facing negative price movements today, leading investors to question the underlying causes of these declines. The financial data confirms that both Nextdc and Contemporary Amperex Technology are struggling to maintain their market positions as their respective stock prices continue to fall.