CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration
121d ago
Business
CNBC

CoreWeave, a provider of AI data center rental services, experienced a significant stock decline of 20% following the release of its latest financial results. The company reported a loss that exceeded market expectations. This news comes ahead of an anticipated lock-up expiration period, which could potentially lead to further stock volatility as early investors may choose to sell their shares.