CoreWeave stock climbs after company announces $1.5 billion bond sale
CoreWeave's Financial Moves - CoreWeave plans to sell $1.5 billion worth of bonds, with the notes due in 2031, to fund general purposes including debt repayment [1] - Following the announcement of the bond sale, CoreWeave's stock rose more than 1% [1] Previous Financial Activities - In May, CoreWeave announced a $2 billion debt offering plan, which resulted in a 19% increase in shares, and the debt was five times oversubscribed [2] - Recently, shares rallied after the announcement of a $6 billion AI data center project in Pennsylvania [2]