Nvidia-Backed CoreWeave's Stock Slumps. Here's What's Behind Monday's Slide

Core Points - CoreWeave (CRWV) announced a sale of $2 billion in convertible senior notes, leading to a nearly 5% decline in its share price [1][4] - The convertible senior notes will mature in 2031 and will be offered privately, with an option for initial investors to purchase an additional $300 million within 13 days of issuance [1][2] - Proceeds from the offering will be allocated for capped call transactions and general corporate purposes [2][4] Market Context - The announcement follows a recent decline in CoreWeave's shares amid concerns regarding an AI bubble, despite the stock having more than doubled since its initial public offering in March [3]