Nebius Group is trading 4.9% down now at $7.96 amid lingering concerns about dilution from its recently settled $5.75 billion convertible-notes financing.
- The exchange issued approximately 15.8 million Class A shares, while noteholders may add selling pressure.
- Broader risk-off sentiment is weighing on growth stocks as markets decline amid higher oil prices, geopolitical tensions, and renewed expectations for further Federal Reserve rate hikes.