CoreWeave Stock Slips on Convertible Debt Offering
CoreWeave Inc-ACoreWeave Inc-A(US:CRWV) Schaeffers Investment Research·2025-12-08 16:01

CoreWeave Inc (NASDAQ:CRWV) stock is dropping today, down 8.5% at 80.80atlastglance,aftertheAIcloudcomputingcompany announceda80.80 at last glance, after the AI cloud-computing company announced a 2 billion convertible debt offering. The company will also allow initial purchasers to buy an extra 300millioninnotes.Onthecharts,CRWVhasbeenslowlyclimbingsinceitsNov.21,sixmonthlowof300 million in notes.On the charts, CRWV has been slowly climbing since its Nov. 21, six-month low of 65.22, recently breaking back above the 10- and 20-day moving averages. Publicly traded since late March, the equity is down 20.3% since the start of this quarter. Notab ...