Nebius Group NV Hits Day Low of $99.83 Amid Price Pressure

Nebius Group NV, operating in the Computers - Software & Consulting industry, experienced a significant decline today, with its stock price dropping by 7.03%. The stock reached an intraday low of USD 99.83, reflecting a challenging trading session. Over the past week, Nebius Group has seen a decrease of 7.53%, while its performance over the past month has been notably lower at -21.11%.
Despite these recent setbacks, the company has demonstrated remarkable growth over the past year, boasting a staggering return of 388.16%, significantly outperforming the S&P 500, which recorded a 13.96% increase during the same period. Year-to-date, Nebius Group has maintained a robust performance with a 269.03% gain compared to the S&P 500's 16.17%.

The company, with a market capitalization of USD 25,690 million, has high institutional holdings at 69.14%, indicating strong support from larger investors. However, it currently does not offer a dividend and is operating at a loss, as reflected in its P/E ratio. The stock's price-to-book ratio stands at 6.80, highlighting its valuation in the market.