NBIS is trading at $218.02 (3.7% down) on profit-taking and consolidation following a sharp rally driven by a new stake disclosure.
- Situational Awareness LP, linked to AI investor Leopold Aschenbrenner, recently disclosed a 5.6% stake in the company.
- The stock previously surged 14.7% on May 21 and 8.6% on May 28, fueled by optimism surrounding AI infrastructure.
- Today's move appears to be a technical pullback as investors lock in gains following the significant two-day spike.