CoreWeave Stock Ends First Day of Trading
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The New York Times |
Shares of CoreWeave, the first artificial intelligence start-up to go public, finished its first day of trading at $40.01 a share, one penny above the disappointing initial public offering price the c...
Wall Street Journal |
The AI startup had priced its offering at $40 a share late Thursday, well below the $47 to $55 range it had been targeting.
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Shares in CoreWeave, a cloud computing company backed by Nvidia, fell on their market debut Friday, following a $1.5 billion initial public offering that priced below its expected range.