Why CoreWeave Stock Plunged Today


A big acquisition deal may be at risk.CoreWeave (CRWV -10.49%) has big plans to build on its capability to supply high-performance computing and artificial intelligence (AI) data center infrastructure. Those plans include acquiring Core Scientific (CORZ -3.90%) to enhance its high-performance data center infrastructure.That transaction could be at risk, though. Investors are reacting today by punishing CoreWeave shares. The stock was lower by 11% at 1:25 p.m. ET. The problem with an all-stock transactionTh ...