Is CoreWeave a Buy, Sell, or Hold Before Aug. 13?

Initial public offerings (IPOs) are known for being volatile, but CoreWeave (NASDAQ: CRWV) has taken that to an extreme.The generative AI-focused cloud infrastructure provider limped into its IPO, undersubscribed and priced for less than its target at $40. In fact, Nvidia had to come in and help bail out CoreWeave's IPO.After initially heading lower following the IPO in March, CoreWeave started to soar in May along with the broad market, before peaking in June with a gain of more than 300%. Since then, the stock has fallen by more than a third from its peak on concerns about valuation and the company's business model.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool