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Jim Cramer on CoreWeave: “I Like the Fundamental Business Very Much
Yahoo Finance· 2025-09-12 04:55
Group 1 - CoreWeave, Inc. (NASDAQ:CRWV) experienced significant stock price fluctuations, initially rising from $40 to a high of $187 before dropping to the low 90s after the expiration of the insider selling lockup [1] - The company reported strong quarterly results, but the expiration of the lockup led to a wave of insider selling, resulting in a 37% decline from mid-August highs [1] - CoreWeave provides a cloud platform that supports enterprise compute workloads, including GPU and CPU compute, storage, networking, and managed services, with applications in AI training, VFX rendering, and machine learning [2] Group 2 - While CoreWeave shows potential as an investment, there are other AI stocks that may offer greater upside potential and less downside risk [3]