Nebius Group N.V. is trading at $287.87 (up 2.5%) as investors react to the company's upcoming inclusion in the Nasdaq-100 Index and a strategic expansion of its technology portfolio.
- The stock is set to join the Nasdaq-100 on June 22, a move expected to generate significant buying pressure from index-tracking funds.
- The company announced the acquisition of Eigen AI, a deal designed to bolster its cloud infrastructure and artificial intelligence capabilities.
- Shares saw a pre-market high of $295.49 (up 5.19%), maintaining positive momentum despite broader market volatility linked to recent Federal Reserve commentary.