Reported 3 days ago
Jim Cramer has raised concerns about significant selling activity in CoreWeave, Inc. (CRWV) following its recent earnings report, which revealed a greater-than-expected loss and coincided with the expiration of the firm's lockup period. This led to a dramatic 33% drop in the stock price, as he noted that many investors are pulling away. Despite past enthusiasm for the company, Cramer predicts further declines as a large volume of shares becomes available for sale.
Source: YAHOO