Why Nvidia-Backed Nebius Group Stock Skyrocketed Thursday Morning
The artificial intelligence (AI) and neocloud specialist is raising prices.
Overview
Nebius Group (NASDAQ: NBIS) stock surged sharply higher Thursday morning, gaining as much as 11.2%. As of 2:27 p.m. ET, the stock had given back most of those gains, but was still up 2.1%.
The catalyst that sent the artificial intelligence (AI) and neocloud specialist higher was a report that the company is raising some prices.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.