CoreWeave IPO Performance Likely Due To Company, Not AI Sector: Analyst Says 'Investor Sentiment Remains Mixed'
1. CoreWeave's IPO priced below expectations, closing at $40 on debut. 2. Analysts still see potential benefits for miners and HPC despite disappointing IPO. 3. NVIDIA's backing provides confidence, aiding CoreWeave's future capital-raising efforts. 4. Investor sentiment is mixed, with concerns over profitability and high debt levels. 5. CRWV stock has traded between $36 and $41.94 post-IPO, currently at $37.04.