Nebius Group is trading at $6.94 (-5.96%) as investors reassess financing risks across AI infrastructure.
- Reuters reported that rival CoreWeave’s debt concerns were weighing on the sector, with Nebius also lower in Friday morning trading.
- Nebius’s proposed $4.5 billion convertible-note offering and related share-exchange plan, announced earlier in the week, have raised dilution concerns.
- The broader market is mixed, suggesting the decline is more closely tied to AI-infrastructure sentiment than to a broad index selloff.