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Home›ETFs & Funds›Fund Industry›CoreWeave shares slump again amid debt-fear concerns

CoreWeave shares slump again amid debt-fear concerns

MarketWatch says CoreWeave’s stock is down almost 40% from its May highs as investors focus on debt risks.

Reported · Written up by our desk · Fund Industry

CoreWeave shares have fallen sharply after investors raised concerns about debt, according to MarketWatch.

The outlet reports the stock is down almost 40% from its May highs, with the selloff fueled by worries that the company’s leverage could become a bigger issue for investors.

MarketWatch also highlights that at least one analyst believes the magnitude of the decline may be overblown, suggesting the market reaction has been stronger than underlying concerns require.

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Sources

MarketWatchWhy CoreWeave’s beaten-down stock could be due for a major comeback
MarketWatchWhy CoreWeave’s beaten-down stock could be due for a major comeback

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