CoreWeave's IPO was underwhelming, but that doesn't reflect the company's fundamentals. Read more about CRWV stock here.

Shares in CoreWeave, a cloud computing company backed by Nvidia, wavered in their market debut Friday, following a $1.5 billion initial public offering that priced below its expected range.

CoreWeave priced its initial public offering far lower than it originally expected, in a disappointing development for Nvidia.

CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company ...

CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.

CoreWeave, a cloud computing company backed by Nvidia, priced its initial public offering at $40 per share Thursday, below its previously expected range.

CoreWeave will only receive the profits from the 36,590,000 it sells. That means CoreWeave potentially raised more than $1.46 billion in its IPO. At its $40 per share IPO price, CoreWeave has a fully ...

above their initial public offering price of $40. At close, the company added more than $7 billion to its market value. Sign up here. Nvidia contributed a $250-million order as part of CoreWeave's IPO ...

Update: Confirms pricing; adds additional IPO details. CoreWeave (CRWV) set its initial public offering price at $40, less than its earlier estimate, selling 37.5M shares for $1.5B, on Thursday night.

One analyst says investors seem to be taking issue with CoreWeave specifically, which he views as “nothing more than a highly leveraged, off-balance-sheet arrangement for Nvidia.” ...

CoreWeave shares rallied nearly 42% on Tuesday and bounced back from a lackluster second trading day on the public markets.

Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements are always a bit of a game. The announced range is often lower ...