Nebius Group is trading at $8.62 (-10.21%) after announcing on August 19, 2026, a proposed $4.5 billion private convertible-notes offering.

  • The issuance includes $2.75 billion due in 2030 and $1.75 billion due in 2034.
  • Proceeds will fund data centers, AI-cloud development, GPUs, and infrastructure; exchange-related share sales and potential dilution are adding pressure.
  • The decline is company-specific; major U.S. indexes were modestly higher on August 19, 2026.