NBIS is trading at 3.1% down now at $78.61, extending last week’s sharp slide as investors continue to reassess richly valued, capital-intensive AI infrastructure names after a 166% year-to-date run.
- Recent coverage noted Monday’s 7.5% drop occurred on heavy volume without new company-specific news.
- The move is being framed as a broader rotation away from high-beta AI growth and a "reality check" on elevated expectations.