Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Does CoreWeave's disappointing IPO signal an AI bubble? [Yahoo! Finance]

UiPath, Inc. Class A (PATH) 
Company Research Source: Yahoo! Finance
The stock was poised for success by all means: It was the biggest tech IPO since software company UiPath ( PATH ) in 2021, and a rare IPO of a pure-play AI company. Plus, it was backed by market-favorite tech giant Nvidia ( NVDA ), which ended up having to anchor the IPO last minute with a $250 million order. But things didn't pan out as expected. The company had initially targeted a $2.7 billion raise but ended up coming in at $1.5 billion instead. The shares priced at $40, well below the $47 to $50 price range expected previously, and started trading on Friday at $39. On Monday, the stock's second day of trading, the shares were down almost 10% in midday trading. CoreWeave is a cloud computing company that provides GPU infrastructure to major tech names like Microsoft ( MSFT ) and Meta ( META ). The company primarily uses Nvidia's GPUs to run these data centers. Due to the costly nature of the business, CoreWeave relies on accumulating debt to build its capacity, relying on f Show less Read more
Impact Snapshot
Event Time:
PATH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PATH alerts
Opt-in for
PATH alerts

from News Quantified
Opt-in for
PATH alerts

from News Quantified