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CRWV
CNBC
140 days

CoreWeave shares bounce 12%, rising above IPO price

1. CoreWeave shares rose over 10% after opening at $39. 2. Stock fell below IPO price of $40 amidst macroeconomic uncertainty. 3. Company's revenue grew 737% last year, yet reported a net loss of $863 million. 4. CoreWeave's IPO is the largest for a U.S. tech company since 2021. 5. Investor confidence remains low despite hopes for improved IPO conditions.

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FAQ

Why Neutral?

CoreWeave's stock is recovering, yet negative indicators persist. Historical IPOs often face volatility.

How important is it?

The article outlines significant IPO dynamics affecting tech sector perceptions influencing CRWV.

Why Short Term?

Price fluctuations likely within the short-term as market reaction stabilizes after the IPO.

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