Reported 1 day ago
CoreWeave Inc.’s impressive stock rally is facing significant challenges as bearish factors threaten its growth. Following a striking rise after its IPO, the company's shares have fallen 17% amid concerns about its inflated valuation and upcoming share lockup expirations. The firm, which provides cloud-computing services, is projected to incur substantial losses while analysts express skepticism about its future potential amidst the volatility in the market.
Source: YAHOO