CoreWeave Falls Below Key Support Levels Amid Hyperscaler Panic. Should You Buy the CRWV Stock Dip?

CoreWeave (CRWV) shares tanked over 10% this morning following reports that Blue Owl Capital has failed to secure the necessary $4 billion in debt financing for a massive data center project in Lancaster, Pennsylvania. Investors bailed on CRWV mostly because it was slated to be the anchor tenant of this facility. The selloff on Feb. 20 even saw the Nasdaq-listed firm crash below its 20-day moving average (MA), indicating downward pressure may sustain in the near-term. More News from Barchart Versus its ...