Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares were down 6.4% during trading on Wednesday . The stock traded as low as $21.50 and last traded at $22.13. Approximately 1,414,107 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 7,562,701 shares. The stock had previously closed at $23.65.
Nebius Group Price Performance
The company has a market capitalization of $7.97 billion, a price-to-earnings ratio of -37.28 and a beta of 2.63.
Nebius Group (NASDAQ:NBIS - Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported $0.68 earnings per share for the quarter. Nebius Group had a positive return on equity of 9.52% and a negative net margin of 2.08%. The firm had revenue of $2.75 billion for the quarter.
About Nebius Group
(
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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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