On September 25, NEBIUS fell 3.21% in regular trading, trading at approximately $235.97/share, with turnover of $1.446 billion. The stock had surged over 7% on September 24 and nearly 6% on September 22, accumulating significant short-term gains that amplified profit-taking pressure.

On the news front, renowned investor Michael Burry disclosed he has increased his short position on NEBIUS, emphasizing the trade is of considerable size. Burry's bearish thesis centers on his view that semiconductor and AI infrastructure valuations are inflated by temporary supply bottlenecks that will unwind as capacity normalizes. In the options market, a $1.1562 million out-of-the-money call sell block at the $270 strike emerged, signaling that large-capital participants are collecting premium while capping expectations for further upside, amid an implied volatility percentile of just 11.95%.

Additional headwinds include Rothschild & Co Redburn initiating coverage with a Sell rating and an $84 price target, far below the analyst consensus of $282.50. On the supportive side, NEBIUS recently announced a roughly 20% GPU cloud pricing hike effective October 1 and a strategic partnership with Palantir, while Truist initiated at Buy with a $355 target.

(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.)