NBIS · PEAD ↓ 80

Nebius Group reported Q2 2026 results on 2026-08-06 (before market open); consensus EPS was -0.67 (actual not yet in our feed).

Print-day reaction was -13.3% from the prior close, a sharp sell-off that opened well below the pre-earnings level and closed near session lows. The overnight gap to the T+1 open recovered +3.9%, suggesting a partial stabilisation after hours but no meaningful reversal of the initial damage. Over the following two sessions the stock drifted a further +2.8% from T+1 close to T+3 close, a modest bounce that did not recoup the print-day losses. Cumulative abnormal return of -11.9% versus SPY.US confirms a PEAD short read; per the documented pattern, the holding window extends through 2026-11-03.