Nebius Group (NASDAQ:NBIS) Shares Down 5.6% – Time to Sell?

Nebius Group N.V. (NASDAQ:NBISGet Free Report)’s share price traded down 5.6% during trading on Wednesday . The stock traded as low as $18.42 and last traded at $18.50. 874,694 shares changed hands during trading, a decline of 87% from the average session volume of 6,745,652 shares. The stock had previously closed at $19.60.

Nebius Group Stock Performance

The company has a 50-day moving average of $19.44.

Nebius Group Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.