CoreWeave rises above IPO price on 3rd trading day
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CoreWeave shares rose more than 12% in their third trading day, following a volatile post-IPO start.
From CNBC
The lackluster start was particularly disappointing for Nvidia, which had invested $250 million in CoreWeave shares at the IPO price of $40 per share.
From Business Insider
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It’s easy to interpret CoreWeave’s lackluster IPO and muted first day of trading on Friday as bad news for the entire AI boom. But, as I’ll explain in a moment, that’s likely a mistake: many of CoreWeave’s problems are unique to CoreWeave.