Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $21.43, but opened at $22.00. Nebius Group shares last traded at $21.74, with a volume of 2,062,004 shares changing hands.
Nebius Group Stock Performance
The stock has a market cap of $7.95 billion, a price-to-earnings ratio of -38.58 and a beta of 2.68. The company has a 50-day moving average price of $19.85.
About Nebius Group
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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