NEBIUS stock experienced a pre-market plunge of 9.98% on Tuesday, as the sharp pullback continued following a rapid rally to recent highs.
The decline appears driven by profit-taking after key positive catalysts were fully absorbed by the market. NVIDIA recently announced a $2 billion direct strategic investment in Nebius to support its AI data center global expansion, while the Nasdaq 100 index inclusion officially took effect, triggering concentrated passive fund allocation. Additionally, the company completed a $643 million acquisition of AI firm Eigen AI and announced a $2.2 billion UK computing infrastructure expansion plan.
With these catalysts now priced in and the stock having surged significantly within days, selling pressure intensified as investors locked in gains, leading to the pre-market downturn.
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