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moves money Tech-Economic Times October 16, 2026

CoreWeave's CEO sold nearly $1 billion of stock since IPO, filings show

CoreWeave's CEO sold nearly $1 billion of stock since IPO, filings show
AI Summary

The sales began about two months after the stock hit a record high in June 2025. The shares have tumbled since and were on track to lose about 24% this week as investors worried about the Nvidia-backed company's heavy capital spending and the debt needed to fund it amid rising bets on interest-rate hikes.

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