CRWV News Today, Nov 12: CoreWeave Shares Dip After Q3 Earnings Miss

CoreWeave’s latest financial report has triggered a notable shift in its stock market performance. On November 12, CoreWeave shares plunged by 16.4%, closing at $88.39, following a disappointing third-quarter earnings report. Despite forming strategic partnerships in the AI sector, these developments raised concerns about the company’s immediate growth trajectory and profitability. Investors are recalibrating their outlook as the stock, once near its annual high of $187, now grapples with lower-than-expected earnings.