Nasdaq
CoreWeave Shares Fall 10% After Bernstein Downgrade and Financing Concerns
CoreWeave (NASDAQ:CRWV) closed at $55.60, down 10.06% on October 22, following a Bernstein analyst downgrade and financing concerns. The GPU hosting and AI cloud infrastructure provider saw trading volume reach 79.7 million shares. The decline occurred despite Nvidia CEO Jensen Huang stating that demand for neoclouds is "off the charts."
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