Nebius climbs ahead of Nasdaq-100 debut in AI cloud run-up
Nebius Group shares jumped in premarket trading Thursday, pushing higher ahead of the company’s move into the Nasdaq-100 set for next week. The stock traded at $292.79 as of 08:07 a.m. ET, up 4.23% before the regular session. Nebius had ended Wednesday up 5.96% at $280.91. Index inclusion can bring buying from funds that have to follow the benchmark. Nasdaq said Nebius will join before the open on Monday, June 22. The Nasdaq-100 covers 100 large non-financial companies listed on Nasdaq. Over 200 products track the index, totaling more than $800 billion in assets.