CoreWeave IPO Priced at $40 per Share Amid Investor Caution 📉
CoreWeave's IPO debuts below expectations at $40 per share, falling short of the anticipated $47-$55 range. Despite strong demand for AI-related services, investor hesitations impact the offering.
Benzinga
893 views • Mar 28, 2025
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CoreWeave priced its initial public offering at $40 per share, below the expected range of $47 to $55, signaling investor caution despite demand for artificial intelligence-driven cloud computing services. The offering consists of 37.5 million shares, with CoreWeave selling 36.59 million and existing stockholders offloading 910,000 shares. The company granted underwriters a 30-day option to purchase up to an additional 5.63 million shares to cover over-allotments.
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Views
893
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0:54
Published
Mar 28, 2025
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