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CoreWeave shares slump nearly 10% in second day of trading

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Summary
Nutrition label

74% Informative

CoreWeave 's stock sank nearly 10% on Monday , falling well below its initial public offering price.

The artificial intelligence cloud provider sold shares at $ 40 and the stock opened at $ 39 in its market debut Friday .

The initial share sale raised $1.5 billion , the biggest tech IPO since 2021 and the first major debut since a prolonged IPO drought.

VR Score

82

Informative language

86

Neutral language

59

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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