Why does this stock and the AI infrastructure stocks keep dropping? I’ve asked this question on the NBIS subreddit but they seem very biased. I bought in at an average cost basis of $225 per share, will this stock be able to recover to more than this share price?
My valuation model said it would keep going up but it’s been going down. After a few weeks, will the AI infrastructure stocks return to their original peaks or is it only a downwards spiral?
Want someone to view this from a fundamental perspective and maybe even some technical analysis if you can.