Nebius Group Shares Drop Nearly 9% After DA Davidson Downgrade Despite Strong Earnings Report
Despite reporting a strong Q1 earnings result with revenue up 684% year-over-year and reiterating full-year guidance, Nebius Group (NBIS) shares fell nearly 9% following a downgrade from DA Davidson. The stock remains up over 140% year-to-date.
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Topics: AI infrastructure DA Davidson downgrade Nebius Group Q1 earnings report