Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) fell 7.1% during trading on Tuesday . The stock traded as low as $30.81 and last traded at $31.04. 981,885 shares changed hands during trading, a decline of 87% from the average session volume of 7,368,933 shares. The stock had previously closed at $33.40.
Nebius Group Stock Down 10.7 %
The stock’s fifty day moving average is $22.67. The firm has a market capitalization of $10.78 billion, a P/E ratio of -54.46 and a beta of 2.57.
Nebius Group Company Profile
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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