NBIS is trading at $116.60 (-4.05%) as the stock tracks a broader market decline driven by geopolitical tensions and energy shocks.
- Nebius Group closed an upsized $4B private offering of convertible senior notes on March 20, 2026, securing $3.96B in net proceeds for AI expansion and its Meta partnership.
- The downward move aligns with losses in the S&P 500 (-0.79%) and NASDAQ (-1.26%) following developments in the Iran conflict.
- The capital raise is intended to accelerate infrastructure growth despite current macro-driven volatility.