Nebius Group is trading 12.84% down at $216.41 after announcing a proposed $4.5 billion private offering of convertible senior notes on August 19, 2026.
- Notes include $2.75 billion due 2030 and $1.75 billion due 2034.
- Proceeds target data centers, AI-cloud infrastructure, GPUs, and related expansion; Reuters said shares were already down more than 7% premarket.
- The selloff likely reflects dilution, leverage, and capital-spending concerns; the broader market was mixed, making financing news the primary catalyst.