Data Center Stocks Fall in Overnight Trading, NBIS Down 1%, IREN Down 1%
Data center stocks traded lower in overnight trading on Wednesday. NBIS(NBIS.US) fell 1.24% to $197.06, hitting a low of $196.00 during the session. IREN(IREN.US) declined 1.19% to $36.38, while HUT(HUT.US) slipped 1.19% to $76.65. CRWV(CRWV.US) dropped 1.14% to $80.92, and ORCL(ORCL.US) edged down 1.02% to $139.88. Among derivative names, NEBX(NEBX.US) fell 2.85% to $19.74, and ORCX(ORCX.US) declined 1.35% to $19.75.
Overnight trading remained light with no significant catalysts driving the sector. Data center stocks that had posted gains in prior sessions saw profit-taking during the overnight session as investors awaited further fundamental data for direction.
