March 28, 2025
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5:58Now PlayingCoreWeave Inc.'s stock debuted with a 2.5% decline after raising $1.5 billion in a downsized initial public offering. The company sold 37.5 million shares at $40 each, with Nvidia Corp. anchoring the share sale with a $250 million order. CoreWeave's growth path has raised questions among analysts due to its high concentration of revenue from two customers, elevated debt, and spending levels. Bloomberg's Bailey Lipschultz, and Katie Roof report.
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