NBIS is trading at $125.50 (+6.90%) in pre-market as convertible notes pressure eases and broader markets rally on US-Iran ceasefire hopes.

  • The stock is extending yesterday's 4.32% gain from $117.40, building on momentum as selling pressure from convertible notes subsides.
  • Major indices are surging on hopes of a Strait of Hormuz reopening, with NASDAQ up 3.18%, S&P 500 futures up 2.47%, and the Dow up 2.26%.
  • No fresh company-specific news has been released today.