Sources say J.P. Morgan, Goldman Sachs, and Morgan Stanley managed several CoreWeave blocks
CNBC Televisionยท2025-08-15 15:50
Welcome back. Shares of Cororeweave down about 2% after the company's post IPO lockup expired yesterday afternoon. Coreweave included a somewhat unusual provision in its IPO, allowing a lockup expiration for 83.7% of its outstanding stock or about 401.7% million shares, two trading days following the public release for this quarter's earnings.That of course happened yesterday after 400 p. m. Now the typical 180day lockup period would have been September 24th for Coree.I'm told by several sources that Corore ...