- Nixxy (NIXX) shares dropped 11.68% to $0.57 today, despite the company announcing a strategic AI infrastructure platform initiative.
- The company is in negotiations to acquire the Nakota project property and secure a long-term global definitive agreement to acquire the entire project.
- The move extends a recent selloff, which included an -18.30% drop on July 27 and a -7.93% close on July 29, as the broader market (Nasdaq) posted gains of over 1.5%.