Shares of Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) dropped 4.3% during mid-day trading on Wednesday . The stock traded as low as $32.00 and last traded at $32.25. Approximately 1,288,953 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 7,469,685 shares. The stock had previously closed at $33.70.
Nebius Group Trading Down 0.5 %
The business has a fifty day moving average of $21.62. The company has a market cap of $12.12 billion, a P/E ratio of -59.12 and a beta of 2.58.
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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