Nvidia-backed CoreWeave's shares open nearly 3% lower in market debut

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Nvidia-backed CoreWeave’s shares open nearly 3% lower in market debut

Fri, Mar 28, 2025 0 Comments

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(Reuters) – CoreWeave’s shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday.

The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)

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Nvidia-backed CoreWeave’s shares open nearly 3% lower in market debut

(Reuters) – CoreWeave’s shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis. (Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)

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