Nebius Group (NASDAQ:NBIS) Trading Down 5.6% – What’s Next?

Shares of Nebius Group N.V. (NASDAQ:NBISGet Free Report) were down 5.6% during trading on Wednesday . The stock traded as low as $18.42 and last traded at $18.50. Approximately 874,694 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 6,745,652 shares. The stock had previously closed at $19.60.

Nebius Group Trading Down 5.3 %

Nebius Group Company Profile

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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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