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Why Nebius Stock Fell Today

TheMotleyFool

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Why Nebius Stock Fell TodayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/0defe5ca-333a-451e-9549-4f262e278fc7.png

Shares of Nebius Group (NASDAQ: NBIS) pulled back on Tuesday after the cloud platform operator disclosed its plans to issue debt to fund its massive infrastructure build-out.

Image source: Getty Images.

Prior to Tuesday, Nebius' stock price was up more than 350% over the prior 12 months, following blockbuster deals with multiple artificial intelligence (AI) leaders.

Source Fool.com

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