CoreWeave Quirks, Not AI Skepticism, May Be Behind Its Lackluster IPO
CoreWeave listed on the Nasdaq Friday amid a shifting narrative and much anticipation. The company priced its IPO at $40 per share. The stock flailed, opening at $39 per share, then falling as much as 6% and ending the day back up at $41.59. The cloud firm, founded in 2017, is the first pure-play AI…