Reported 1 day ago
CoreWeave's stock (CRWV) suffered a significant drop during its first full trading day after going public, sparking concerns about the health of the initial public offering (IPO) market and the broader artificial intelligence sector. Market experts noted that despite initial optimism for a resurgence in IPOs this year, CoreWeave's performance may discourage other companies from pursuing public offerings, especially amidst rising interest in private funding alternatives.
Source: YAHOO