On August 21, NEBIUS rose 3.37% overnight, trading at $227.52 per share, with turnover of approximately $31.96 million. The stock rebounded after two consecutive sessions of heavy selling triggered by the announcement of a $4.5 billion convertible senior notes offering.

On August 19, NEBIUS announced a private placement of $4.5 billion in convertible senior notes under Rule 144A, split into two series: $2.75 billion due 2030 and $1.75 billion due 2034, with an additional $675 million greenshoe option. The proceeds are earmarked for data center construction and continued growth expenditures. The offering sparked immediate dilution concerns, sending shares down approximately 14% over two trading days, with single-day declines of roughly 6.5% and 3.9% respectively. With short-term selling pressure largely exhausted, the stock experienced a technical rebound.

Notably, options market activity on August 21 showed concentrated bearish positioning, including an $11.75 million deep out-of-the-money put purchase at the $75 strike, suggesting some institutional participants remain cautious on the medium-term outlook despite the near-term bounce.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)