Nebius Group Shares Plunge Nearly 10% on False $4 B Loan Rumor
Nebius Group shares plunged nearly 10% after reports claimed it could not secure a $4 billion loan from Owl Capital, triggering an investor selloff. Both Nebius Group and Owl Capital later denied any financing issues, driving a rebound as market concerns over AI infrastructure funding subsided.
1. False $4 B Loan Rumor Sparks Selloff
On Friday, a headline circulated claiming Nebius Group, alongside CoreWeave, failed to secure a $4 billion facility from Owl Capital, prompting both stocks to drop nearly 10% as investors reacted to perceived AI funding risk.
2. Denials Reverse Price Drop
Within hours, Nebius Group and Owl Capital each issued statements denying any jeopardy to the financing, alleviating investor fears and triggering a recovery in Nebius Group shares as concerns over AI infrastructure funding eased.