Nebius Shares Fall 7.3% After $3.5 Billion Data-Center Loan
Nebius entered into a $3.5 billion senior secured facility provided by Citi. Its shares fell 7.3% to $158.89 on Thursday and are up 90% year to date.
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05:44:03 PM UTC
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Nebius Shares Down on $3.5 Billion Loan for Data Centers, GPUs
By Natalie WegerShares of Nebius Group slumped after the technology company entered into a $3.5 billion senior secured facility.The stock decline 7.3% to $158.89 on Thursday. The stock is up 90% year-to-date.The AI cloud company said that the facility, provided by Citi, provides access to capital a…