SHAZ is trading 8.2% down at $73.42 as investors refocus on share issuance overhang and potential dilution following recent gains.
- The pullback comes after a sharp jump on Monday driven by an NVIDIA AI factory deal and $1.6B in financing.
- Market attention is shifting toward near-term supply concerns from large convertible note conversions and registered resale securities.
- Despite the current volatility, the long-term growth narrative surrounding the NVIDIA collaboration remains a key focal point for the company.