On October 29, CoreWeave, Inc. fell 5.01% Overnight, trading at $60.7 per share, with turnover of $2.7185 million.
The move was accompanied by fresh market focus on short sellers targeting the company and on bearish options activity, with investor attention still centered on whether CoreWeave, Inc. can keep securing low-cost funding for its expansion.
Recent disclosures showed a roughly $6.798 million long-dated in-the-money put purchase tied to December 2028 $70 strike contracts, signaling continued defensive and negative positioning. That softer sentiment offset supportive developments highlighted earlier, including the addition of 22.5 megawatts of AI capacity in Denmark, plans to build a four-continent global backbone by mid-2027, and a maintained $150 price target from Oppenheimer, which argued bond-market selling may be overstating debt risk.
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