$NEBIUS(NBIS)$ is trading around $219.13, recovering off a daily low of $212.04 within an intraday range up to $230.81. The stock has pulled back sharply from its 52-week and all-time high of $299.86 following an upsized $5.0 billion convertible note offering designed to finance rapid AI infrastructure expansion. While its 52-week low sits at $62.01, stepping in immediately after a dilutive debt raise carries short-term execution risk; pragmatists should wait for a clean daily close above $235.00 or a confirmed consolidation shelf near $210.00 before deploying capital.

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