Nvidia-backed CoreWeave's shares likely to open up to 25% above IPO price-March 2024-www.financetom.com

Nvidia-backed CoreWeave's shares likely to open up to 25% above IPO price

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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.

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