🔴 Nebius Group is trading 4.3% down today as shares give back part of earnings rally

Nebius Group is trading 4.3% down at $248.15 as shares give back part of the August 12, 2026 earnings-driven rally.

• Second-quarter revenue reached $582.3 million, up 454% year over year, with positive adjusted EBITDA of $236.2 million.
• A report highlighted renewed short positioning, while Bank of America raised its price target to $310.
• The broader market is higher; no definitive new company-specific negative announcement was identified by 2:10 p.m. EDT.