CoreWeave Shares Fall 13% to $67.52 as Bonds Sell Off
CoreWeave shares dropped sharply Wednesday as a selloff in the company’s bonds signaled growing credit-investor concerns about its debt burden and future borrowing costs.
CoreWeave shares fell sharply on Wednesday as the company’s bonds sold off. The move in its debt pointed to increasing concern among credit investors over the artificial-intelligence infrastructure provider’s growing debt load and future borrowing costs. 52, which would…