CoreWeave Inc. (CRWV) experienced a significant decline in stock value, plummeting by 5.17%, following a downgrade of its shares by analysts. The company’s shares also fell 5.46% in the Canadian market.
The recent downgrade has cast doubt on CoreWeave’s financial prospects, leading investors to reassess their positions. As a result, the company’s stock price has taken a hit, leaving many wondering about its future performance. CoreWeave’s decline is a stark contrast to its previous status as a market darling, and it remains to be seen how the company will recover from this setback.
Source: https://www.barrons.com/articles/coreweave-stock-price-downgrade-core-scientific-7c22c2d1