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ITNewspapersThe Economic Times

AI firm Nebius, split from Russia’s Yandex, plunges 26% on Nasdaq return

Mathew C S
By Mathew C SOctober 22, 2024

Shares in Amsterdam-based Nebius Group plunged 26% when trading for the first time since February 2022 on Monday, as the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex, often dubbed “Russia’s Google”, went live.

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