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HomeTechNvidia-backed CoreWeave's shares open nearly 3% lower in market debut

Nvidia-backed CoreWeave’s shares open nearly 3% lower in market debut

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(Reuters) – CoreWeave’s shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday.

The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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