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MarketBeat
MarketBeat
Business
Ryan Hasson

Nebius Group's £1.7 Billion UK Expansion Fuels Bullish Case Despite the Pullback

Most companies that have surged by more than 160% in a single year do not continue to make headlines with large-scale expansion announcements.

But Nebius Group (NASDAQ: NBIS) is not most companies. Even as the stock has pulled back almost 22% from its 52-week high of $278.84 to trade around $218, the fundamental news flow has barely slowed.

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