NBIS is trading at 3.4% up now at $100.64, extending a strong multi-day rebound fueled by ongoing enthusiasm regarding its AI cloud positioning.
- Recent articles highlighted Nebius’ major AI infrastructure contracts with Meta and Microsoft.
- Commentary suggested the stock could still be considered undervalued despite significant prior gains, even naming it among AI stocks that could double by 2026.
- Today’s move appears fueled by this ongoing bullish sentiment, as there are no new filings or press releases.