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CoreWeave Disappoints on Opening of Trading

Source: New York Times

Shares of CoreWeave, the first artificial intelligence start-up to go public, opened their first day of trading on Friday at $39. That was down slightly from the initial public offering price of $40, which CoreWeave set a day earlier after reducing the size and value of its I.P.O.The company’s share price, trading under the ticker symbol CRWV, signaled concern among Wall Street investors about the economy and…

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Read the original source at New York Times