CoreWeave’s IPO Sees Strong Market Debut Amid AI Market Fluctuations
CoreWeave, a company backed by Nvidia, made a notable entry into the stock market with its initial public offering (IPO) on March 28, 2025. The company's shares are expected to open up to 25% above the IPO price, showcasing strong investor confidence despite broader market uncertainties related to AI technology.
The shares began trading on the Nasdaq at a price that reflects the market's high expectations for CoreWeave. This debut comes at a time when the AI sector is experiencing fluctuations, with some investors expressing caution about the rapid advancements and their long-term implications.
The IPO has been closely watched by financial analysts and tech enthusiasts alike, with Bloomberg Businessweek dedicating a segment of their daily podcast to discuss CoreWeave's market performance and the broader implications for the AI industry. The anticipation around CoreWeave's IPO highlights the market's appetite for AI-related investments, even as some sectors express reservations about the technology's future.
Related issues news
What is coreweave ticker?
The AI cloud computing provider CoreWeave made its debut on the Nasdaq Friday under the ticker CRWV.
What is coreweave valuation?
CoreWeave valued at $22.7 billion as shares dip in muted Nasdaq debut. By Echo Wang, Krystal Hu, Niket Nishant and Manya Saini.
X talks about this news
Latest
Can you Like
