Reported about 11 hours ago
CoreWeave Inc.'s initial public offering has significantly benefited early investors, with stock prices soaring over 150% since the IPO. However, a recent lockup expiration allows over 80% of Class A shareholders to sell, causing worries of a stock plunge as many investors look to cash in their gains. Despite the potential for increased trading volume, concerns remain about the company's financial health and loss projections, as well as its ambitious spending plans amid ongoing bets on AI computing.
Source: YAHOO