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Stock Market Today, Feb. 20: CoreWeave Falls After Blue Owl Data Center Financing Failure Raises Funding Concerns
Yahoo Finance· 2026-02-20 22:17
CoreWeave (NASDAQ:CRWV), cloud platform for AI infrastructure management, closed Friday at $89.25, down 8.12%. Shares fell after Blue Owl Capital’s (NYSE:OWL) failed $4 billion data-center debt placement raised new concerns about project financing, and investors are watching the February 26 earnings report and ongoing securities litigation risks.Trading volume reached 46 million shares, coming in about 65% above its three-month average of 27.9 million shares. CoreWeave IPO'd in 2025 and has grown 123% since ...