# Nebius Slides Nearly 12% Amid Heavy Neocloud Selling on Friday By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/33826 Published: 2026-10-17T07:42:24.000Z Updated: 2026-10-17T07:42:24.000Z Section: Investing > The stock closed at $165.47 after losing $22.94, following a decline of just over 10% Wednesday. Nebius Group N.V. (Nasdaq: NBIS), an AI cloud infrastructure company, fell nearly 12% Friday, closing at $165.47 after losing $22.94 as neocloud stocks faced heavy selling. The decline followed a separate drop Wednesday. Nebius shares [fell just over 10% Wednesday](), closing at $186.01 after losing $20.85. ## Links in this article - [fell just over 10% Wednesday](https://www.tokenpost.com/news/investing/32094)