Nebius Group is trading 5% down now at $7.57 as investors digest dilution concerns from recently settled $5.75 billion convertible-notes financing.
- The financing included approximately 15.8 million newly issued Class A shares; potential noteholder selling added pressure.
- Risk-off conditions weighed on growth-oriented technology stocks; Nasdaq was down 0.77% on September 1, 2026.
- The decline extends weakness from $8.14 on August 28 after several volatile sessions; financing-related dilution, not a newly announced September 1 company event, remains clearest catalyst.