The actions of Coreweave (CRWV) opened to $ 39 each during the company’s debut in Nasdaq on Friday afternoon, just under its initial public offer that closed on Thursday night.
The cloud computing firm had sold approximately 37.5 million shares at $ 40 each, raising around $ 1.5 billion for its initial public offer (IPO), which makes it the largest technological offer since 2021. However, initially it had planned to present the offer of $ 47 to $ 55 per share to a much higher assessment than it finally saw.
Nvidia, one of the first investors in the company, made an order of $ 250 million in the offer.
Some experts speculated that the action of the action would not see the success I expected. The columnist of the American technology of Bloomberg, Dave Lee, for example, said the company’s great debt, the dependence of a few large clients and the lack of diversity in income can be a problem.
“Coreweave can be a stimulus for the AI industry as a whole, an action that must be seen as questions about the investment return become stronger and more,” Lee wrote in an opinion article on Friday. “Even the slightest indication of tremor in the belief of AI sends investors to a tail tail.”
The current risk environment caused by the general macro situation in the US.