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Ebube Jones

Soros Fund Management Opened a New Position in Nebius During Q2. What This Means for NBIS Stock.

Nebius NBIS Soros Fund Management United States Meta Nebius Group Nvidia

Soros Fund Management’s latest portfolio disclosure has placed Nebius Group (NBIS) back in the spotlight. The firm opened a new position in Nebius during the second quarter, reporting ownership of 310,000 Nebius shares (Class A) valued at approximately $85.6 million at quarter-end.

This disclosure added institutional visibility to NBIS, which rose nearly 9% (its five-day best) on Aug. 14 following the news. Although it has since lost about 20% in the last five days. Still, Soros Fund Management’s stake is only part of the story.

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