It’s been just six months since CoreWeave (NASDAQ: CRWV) went public, and the stock has more than tripled in its short life as a public company, despite witnessing bouts of volatility during this period. The stock’s rapid rise has been fueled by its fast-improving revenue pipeline, but at the same time, investors have been worried about certain factors.
From CoreWeave’s rapidly rising debt to stock dilution on account of its $9 billion Core Scientific deal, shares of the company have slipped significantly since hitting a high nearly three months ago. However, the company’s latest deal with Nvidia (NASDAQ: NVDA) could help assuage investors’ concerns to some extent and set CoreWeave up for more upside.
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