Nebius Group N.V. (NBIS) stock slides below $100 as options buzz meets capex nerves
Nebius Group (NBIS) shares fell 8% to $99.12 Friday, reversing earlier gains after hitting $108.30 in morning trade. The drop followed a two-day rally sparked by bullish analyst coverage and heavy options activity. Investors are watching funding and execution risks tied to Nebius’ $16–20 billion 2026 capital plan. Trading volume topped 12.8 million shares, with implied volatility near 94%.