Investopedia|1 minute read

CoreWeave Stock: IPO Rollercoaster Ends Flat at $40

TL;DR

CoreWeave, the Nvidia-backed tech company, made headlines as its stock finished its first trading session at $40, the same as its IPO price. Despite initial excitement, the trading day ended flat, raising eyebrows in the investment community. Here's what you need to know:

  • First Trading Session: CoreWeave's shares debuted at $40.
  • Market Reaction: Shares remained flat throughout the day.
  • Significance: This marks the largest U.S. tech IPO since 2021.
  • Investor Sentiment: Analysts are watching closely for the next moves.

Read on for the full story.

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