New York, NY – Shares of specialized cloud provider CoreWeave, Inc. (Ticker: CRWV) experienced a significant drop in today’s trading on the Nasdaq Stock Market. As of 19:22 GMT+5:30, the CRWV stock price stood at 145.21 USD, down a substantial 17.89 USD or -10.97% for the session. The 1-day performance summary indicates a similar -10.48% decline.
This sharp daily decline, which saw the CRWV chart trend steeply downwards, comes after a period of remarkable growth for the tech stock. Investors have recently seen CoreWeave shares climb an impressive +33.95% over the past 5 days and an astonishing +195.81% in the last month. The company’s all-time performance since listing also remains strong at +274.38%.
The previous closing price for CRWV was 163.10 USD. Today’s pullback in CoreWeave shares may reflect profit-taking after its recent meteoric rise, a common occurrence for high-growth stocks in the AI and cloud computing sector. CoreWeave, known for its specialized GPU cloud infrastructure catering to AI and high-performance computing workloads, has been a significant beneficiary of the ongoing AI boom.
Market participants will be closely watching CRWV to see if this is a temporary consolidation period after its rapid ascent or the beginning of a more sustained correction. The lack of 6-month, year-to-date, and 1-year performance data suggests the stock may be a relatively recent listing or that this specific data view is limited.
Frequently Asked Questions (FAQ) about CoreWeave, Inc. (CRWV) Stock
Q1: What is the current stock price of CoreWeave, Inc.?
A: As of the latest update (today at 19:22 GMT+5:30), the stock price for CoreWeave, Inc. is 145.21 USD.
Q2: What is the stock ticker symbol for CoreWeave, Inc.?
A: The stock ticker symbol is CRWV.
Q3: On which stock exchange is CoreWeave, Inc. (CRWV) traded?
A: CoreWeave, Inc. (CRWV) is traded on the Nasdaq Stock Market.
Q4: How has CoreWeave’s stock (CRWV) performed today?
A: As of 19:22 GMT+5:30, the stock has decreased by 17.89 USD, which is a -10.97% change. The 1-day performance summary shows -10.48%.
Q5: What is the recent and long-term performance of CoreWeave stock?
A:
1 Day: -10.48%
5 Days: +33.95%
1 Month: +195.81%
6 Months: Data not available in the provided image.
Year to Date (YTD): Data not available in the provided image.
1 Year: Data not available in the provided image.
All Time: +274.38%
Q6: What was the previous closing price for CoreWeave (CRWV) stock?
A: The previous closing price was 163.10 USD.
Q7: What does CoreWeave, Inc. do?
A: CoreWeave, Inc. is a specialized cloud provider focused on delivering large-scale GPU-accelerated computing. They are known for providing infrastructure for AI/ML workloads, rendering, and other high-performance computing tasks.
Q8: Why is CoreWeave’s stock down sharply today but shows very strong gains recently and all-time?
A: Stocks, especially high-growth tech stocks like those in the AI sector, can be very volatile. A sharp drop after a period of rapid appreciation (like the +195.81% in one month) can often be attributed to profit-taking by investors. While today’s drop is significant, its strong recent and all-time performance suggests considerable investor interest and belief in its growth prospects.
Q9: Why is some performance data (6 months, YTD, 1 year) missing for CRWV?
A: This can happen for several reasons: the stock might be a relatively recent listing on the Nasdaq, meaning it hasn’t been trading long enough to have that historical data. Alternatively, the specific data view provided might not include all timeframes.
Q10: Where can I find more detailed chart information for CRWV stock?
A: The image indicates options to view a “Full chart” or “See on Supercharts.” These buttons typically link to advanced financial charting platforms where you can conduct a more in-depth analysis of the CRWV stock price, historical trends, and relevant market data.
