CoreWeave Stock Plunges Post-IPO
This is a news story, published by CNBC, that relates primarily to IPO news.
tech giants news
For more tech giants news, you can click here:
more tech giants newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech giants news, you might also like this article about
biggest tech IPO. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest technology stocks news, market debut Friday news, tech giants news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
IPO marketCNBC
•Technology
Technology
CoreWeave shares slump nearly 10% in second day of trading

74% Informative
CoreWeave 's stock sank nearly 10% on Monday , falling well below its initial public offering price.
The artificial intelligence cloud provider sold shares at $ 40 and the stock opened at $ 39 in its market debut Friday .
The initial share sale raised $1.5 billion , the biggest tech IPO since 2021 and the first major debut since a prolonged IPO drought.
VR Score
82
Informative language
86
Neutral language
59
Article tone
formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links
Small business owner?