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CoreWeave Misfire Extends IPO Malaise Instead of Ending It

Markets

Bailey Lipschultz, Ryan Gould

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March 28, 2025

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Bloomberg

The market for US initial public offerings suffered another body blow this week when one of the most-anticipated deals of the year was a dud — extending a series of deals that have missed the mark of sky-high expectations. And things weren’t any better in its trading debut on Friday.

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