CoreWeave’s IPO Debut Falls Flat as Stock Plunges Nearly 10%
Artificial intelligence cloud provider CoreWeave’s initial public offering (IPO) made history on Friday, marking the biggest tech debut since 2021 and the first major IPO in a prolonged drought. The company’s shares closed flat at $40 after selling at $40, but plummeted to $37 by Monday. CoreWeave raised $1.5 billion from its IPO, making it … Read more