CoreWeave stock rips higher after muted IPO
CoreWeave priced its initial public offering (IPO) at $40 a share in March. The company initially expected to sell shares in the range of $47 to $55, but concerns about the pace of AI spending and CoreWeave's business model caused it to downsize the offering. Nvidia ( NVDA) — an early CoreWeave investor — reportedly anchored the IPO at $40.
CoreWeave (NASDAQ: CRWV) stock has had a bumpy start after it hit the public markets last week. Its initial public offering ...
Shares of CoreWeave were recently down about 9% to under $37, below the $39 at which it opened trading last week. Part of the ...
CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.
CoreWeave's debut has been eagerly awaited by investors as a sign of the strength of the AI trade as well as the appetite for ...
Shares of CoreWeave closed Friday at $40, the same level where the AI statrup priced its offering late Thursday. The offering ...
CoreWeave's explosive growth driven by AI contracts, robust economics, and IPO proceeds. Read here for our bullish thesis on ...
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