Nebius Group is trading 9.06% down now at $8.73 after announcing a planned $4.5 billion private offering of convertible senior notes on August 19, 2026.
- Reuters reported the proceeds will fund data-center expansion, AI-cloud infrastructure, GPUs, and other components.
- The financing raised dilution and capital-allocation concerns; shares were down more than 7% premarket.
- The broader market was higher, so macro sentiment does not explain the decline.