Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) shares dropped 2.9% on Tuesday . The company traded as low as $27.56 and last traded at $27.82. Approximately 868,648 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 7,313,636 shares. The stock had previously closed at $28.64.
Nebius Group Trading Down 3.6 %
The company’s fifty day moving average is $23.55. The company has a market cap of $9.98 billion, a P/E ratio of -48.46 and a beta of 2.57.
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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