NBIS is trading at $176.90 (-4.26%) as the stock extends its decline amid continued profit-taking following a sharp rally to record highs.
- The pullback follows yesterday's -5.29% drop from $184.77, which was driven by reports of insider selling and investors locking in gains.
- The stock is currently decoupling from the broader market, continuing its slide despite a 1.35% gain in the NASDAQ.
- No new company-specific catalysts have been reported today; the current price action aligns with yesterday's after-hours weakness at $175.50 (-5%).