financetom
Business
financetom
/
Business
/
Nvidia-backed CoreWeave's shares likely to open up to 25% above IPO price
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nvidia-backed CoreWeave's shares likely to open up to 25% above IPO price
Mar 28, 2025 7:42 AM

March 28 (Reuters) - CoreWeave's ( CRWV ) shares were

set to open up to 25% above their offer price in the company's

debut on the Nasdaq on Friday.

The Nvidia ( NVDA )-backed AI infrastructure firm's stock was

indicated to trade at $50, compared with the IPO price of $40.

At the higher end, it could notch a valuation of around $29

billion on a fully diluted basis.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
WELL Health Update: Reports 32% Increase in Patient Visits For 2024; Buys Majority Stake in HEALWELL
WELL Health Update: Reports 32% Increase in Patient Visits For 2024; Buys Majority Stake in HEALWELL
Mar 31, 2025
09:17 AM EDT, 03/31/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Monday said total patient visits increased 32% to 5.7 million visits for the year ended Dec. 31, 2024. Total interactions, including online and billed provider hours, increased 37% to 8.7 million for the same period, the company said. Earlier on Monday Well Health announced it would...
Leidos Completes Test Launch of Small Cruise Missile
Leidos Completes Test Launch of Small Cruise Missile
Mar 31, 2025
09:16 AM EDT, 03/31/2025 (MT Newswires) -- Leidos Holdings ( LDOS ) said Monday it has completed a guided flight test of its small cruise missile, called Black Arrow, from an AC130J aircraft. The test, completed in November, demonstrated integration with the Naval Surface Center Battle Management System, the company said. Leidos ( LDOS ) said the test was conducted...
Enlight Renewable Energy Secures $773 Million Debt Funding for Country Acres Project in California
Enlight Renewable Energy Secures $773 Million Debt Funding for Country Acres Project in California
Mar 31, 2025
09:17 AM EDT, 03/31/2025 (MT Newswires) -- Enlight Renewable Energy ( ENLT ) said Monday it has received $773 million in debt funding for its Country Acres project near Sacramento, California. The company secured the financing, through its Clenera Holdings unit, from BNP Paribas Securities Corp., Credit Agricole, Natixis Corporate & Investment Banking, and Norddeutsche Landesbank Girozentrale, Enlight said, adding...
Big Tobacco targets Trump in hope - and fear - of change
Big Tobacco targets Trump in hope - and fear - of change
Mar 31, 2025
LONDON, March 31 (Reuters) - Big tobacco companies like British American Tobacco ( BTI ) are lobbying U.S. President Donald Trump's administration to crack down on illegal vapes, including via import bans on Chinese devices, documents show and industry consultants said. Tobacco groups, including BAT and Altria ( MO ), have complained that while waiting years for their own vapes...
Copyright 2023-2026 - www.financetom.com All Rights Reserved