India, Aug. 12 -- Nebius Group N.V. (NBIS) shares surged more than 23% on Wednesday morning after the AI cloud company reported a sharp increase in second-quarter revenue, driven by rapid growth in its core AI cloud business.
The stock is currently trading at $238.57, up $45.34 or 23.46%, on the Nasdaq. It opened at $226.00 after closing the previous session at $193.23. The stock has traded between $62.01 and $299.86 over the past 52 weeks.
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