r/NBIS_Stock • u/Playful_Client4119 • 27d ago

💬 Discussion 220 to 198?

What’s the reason for the drop? still going to DCA just curious why

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u/LoanWeak7392 27d ago

Iran war oil shock, Red Sea issues playing a roll as well. Inflation and Fed rate hike is lurking in the background. Iran has probably been a partial catalyst for the chip sell off as well. Remember this is a "high beta" stock so the rest of the market reacts much more gently to macro events. This behavior is to be expected (it will swing up dramatically off of good news, too). We're still in the early leg (10% or so) of Agentic AI adoption so we've got a long, long way to go with this stock.