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.
Stocks traded higher Wednesday ahead of an announcement on tariffs, during what President Donald Trump has dubbed “Liberation ...
Shares of CoreWeave were recently down about 9% to under $37, below the $39 at which it opened trading last week. Part of the ...
One analyst says investors seem to be taking issue with CoreWeave specifically, which he views as “nothing more than a highly ...
CoreWeave's explosive growth driven by AI contracts, robust economics, and IPO proceeds. Read here for our bullish thesis on ...
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