Nebius Group (NASDAQ:NBIS) Reaches New 12-Month High – Here’s What Happened

Nebius Group N.V. (NASDAQ:NBISGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $27.90 and last traded at $25.60, with a volume of 6922050 shares traded. The stock had previously closed at $21.99.

Nebius Group Price Performance

The business’s 50 day simple moving average is $20.20.

About Nebius Group

(Get Free Report)

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.

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