Stock Track | Goodman Group Soars 8.69% Intraday on Joint Venture to Develop Los Angeles Data Center

Stock Track

Apr 08

Goodman Group's stock soared 8.69% during intraday trading on Wednesday, following the announcement of a significant joint venture to develop a new data center facility.

The company has formed a 50/50 joint venture with DataBank to develop and launch a 32MW data center in Los Angeles. The facility, located at 3094 E Vernon Avenue in Vernon, California, is scheduled to open in December 2026 with the first 6MW capacity available. The remaining 26MW is planned to come online in phases through September 2027.

Goodman will complete development of the site it acquired in 2023, while DataBank will operate the facility, marking its second data center in the Los Angeles market. This strategic partnership represents Goodman Group's expansion into the growing data center infrastructure sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1114174228"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1114174228\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1114174228?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-08 08:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1114174228","market":"nz","top_or_hot":-1,"title":"Stock Track | Goodman Group Soars 8.69% Intraday on Joint Venture to Develop Los Angeles Data Center","media":"Stock Track","content":"<p>Goodman Group's stock soared 8.69% during intraday trading on Wednesday, following the announcement of a significant joint venture to develop a new data center facility.</p><p>The company has formed a 50/50 joint venture with DataBank to develop and launch a 32MW data center in Los Angeles. The facility, located at 3094 E Vernon Avenue in Vernon, California, is scheduled to open in December 2026 with the first 6MW capacity available. The remaining 26MW is planned to come online in phases through September 2027.</p><p>Goodman will complete development of the site it acquired in 2023, while DataBank will operate the facility, marking its second data center in the Los Angeles market. This strategic partnership represents Goodman Group's expansion into the growing data center infrastructure sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Goodman Group Soars 8.69% Intraday on Joint Venture to Develop Los Angeles Data Center</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Goodman Group Soars 8.69% Intraday on Joint Venture to Develop Los Angeles Data Center\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-08 08:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Goodman Group's stock soared 8.69% during intraday trading on Wednesday, following the announcement of a significant joint venture to develop a new data center facility.</p><p>The company has formed a 50/50 joint venture with DataBank to develop and launch a 32MW data center in Los Angeles. The facility, located at 3094 E Vernon Avenue in Vernon, California, is scheduled to open in December 2026 with the first 6MW capacity available. The remaining 26MW is planned to come online in phases through September 2027.</p><p>Goodman will complete development of the site it acquired in 2023, while DataBank will operate the facility, marking its second data center in the Los Angeles market. This strategic partnership represents Goodman Group's expansion into the growing data center infrastructure sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GMG.AU","symbol_name":"GOODMAN GROUP","start_time":0,"source_url":"","article_id":"1114174228","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114174228","pubTimestamp":1775607015,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Goodman Group's stock soared 8.69% during intraday trading on Wednesday, following the announcement of a significant joint venture to develop a new data center facility.The company has formed a 50/50...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GMG.AU":"GOODMAN GROUP"},"translate_title":"个股追踪|嘉民集团盘中大涨8.69%合资开发洛杉矶数据中心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GMG.AU":1},"content_text":"Goodman Group's stock soared 8.69% during intraday trading on Wednesday, following the announcement of a significant joint venture to develop a new data center facility.The company has formed a 50/50 joint venture with DataBank to develop and launch a 32MW data center in Los Angeles. The facility, located at 3094 E Vernon Avenue in Vernon, California, is scheduled to open in December 2026 with the first 6MW capacity available. The remaining 26MW is planned to come online in phases through September 2027.Goodman will complete development of the site it acquired in 2023, while DataBank will operate the facility, marking its second data center in the Los Angeles market. This strategic partnership represents Goodman Group's expansion into the growing data center infrastructure sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}