Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) traded down 7.8% during trading on Tuesday . The company traded as low as $19.07 and last traded at $19.13. 10,762,269 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 8,800,827 shares. The stock had previously closed at $20.75.
Nebius Group Stock Up 7.2 %
The firm has a market cap of $7.48 billion, a P/E ratio of -33.86 and a beta of 2.68.
Nebius Group Company Profile
Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.
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