Is CoreWeave Stock Yesterday's News?

The company's share price has taken a hit, dropping over 50% from its 52-week high.The arrival of artificial intelligence (AI) has been a boon for CoreWeave (CRWV +3.96%). The AI infrastructure specialist went public at the end of March around $40 per share, and by June, the stock had skyrocketed to a $52-week high of $187.Since then, the company's share price has plunged over 50%, as CoreWeave experienced growing skepticism from Wall Street. The reaction is understandable considering its stock's meteoric r ...