On September 14, NEBIUS fell 8.44% in regular trading, trading at approximately $215.13/share, with turnover of $8.22 billion. The decline was driven by a sweeping selloff across U.S. semiconductor, storage, optical communications, and cloud computing sectors.

Peers fell sharply in tandem: CoreWeave dropped over 6%, Oracle fell over 3%, SK Hynix and Corning declined over 6%, while Intel, Marvell Technology, and ARM each slid over 5%. Storage names including Silicon Motion and Seagate also saw significant losses.

Adding company-specific pressure, NEBIUS recently completed a $5.75 billion convertible note offering to fund data center construction and AI cloud expansion. The 2030 tranche carries a 0.50% coupon with approximately 40% conversion premium, while the 2034 tranche carries a 4.50% coupon with approximately 45% conversion premium. Market concerns over cloud service providers' high-leverage expansion models weighed further on the stock. Additionally, the options market had previously seen multiple large bearish blocks, including a $1.41 million sale of out-of-the-money October 300 calls, signaling cautious sentiment toward near-term upside.

(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.)