NBIS is trading at $145.93 (+7.04%), extending a multi-day rally as investors react to a series of positive catalysts that have pushed the stock up over 43% in recent sessions.
- The company announced today it is building a new AI factory in Lappeenranta, Finland, with up to 310 MW of capacity, adding a new fundamental driver to the stock's momentum.
- This news builds on yesterday's 9% gain, which was triggered by Cantor Fitzgerald initiating coverage with an Overweight rating and a $129 price target.