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Stockreport

CoreWeave Raises $1.5 Billion in Downsized IPO Below Price Target [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
sign of how the recent stock market volatility is hurting demand for even highly anticipated listings. Most Read from Bloomberg Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes Affordable Housing Developers Stalled by Blocked Federal Funds The cloud-computing provider sold 37.5 million shares at $40 apiece, according to the person, who asked not to be identified because the information is private. That's down from an initial plan of 49 million shares at $47 to $55 each that could have raised as much as $2.7 billion. Nvidia Corp., an existing investor in CoreWeave, is anchoring the share sale with an order of about $250 million, the person said. Representatives for CoreWeave and Nvidia declined to comment. Livingston, New Jersey-based CoreWeave was at one time looking to raise about $4 billion from i [Read more]
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