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CoreWeave (CRWV) Stock Plunges 15% as Musk Replies “Yikes” to Bond Yields
By Trader Edge at 2026-11-06 14:21
Sentiment: Unknown
TLDR CoreWeave (CRWV) stock fell 15% to $65.78 on Wednesday as yields on its 2031 and 2032 bonds rose to about 15%. CEO Mike Intrator told staff the market is acting “irrationally” and said the company’s backlog covers its debt. Second-quarter net interest expense hit $640 million, and the company posted a $626 million net [...] The post CoreWeave (CRWV) Stock Plunges 15% as Musk Replies “Yikes” to Bond Yields appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central