CoreWeave Stock Falls Again, Down 5% Premarket Amid Debt Stress Despite ARK Buying 381,231 Shares

thecryptobasic2026-10-16 12:27:45

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CoreWeave Stock Falls Again, Down 5% Premarket Amid Debt Stress Despite ARK Buying 381,231 Shares

CoreWeave (NASDAQ: CRWV) shares fell 4.75% to $66.38 in premarket trading Friday amid continuing concerns over the company's debt-funded AI infrastructure expansion, despite Cathie Wood's ARK Invest buying 381,231 shares over the previous two trading sessions. CoreWeave's 9.625% unsecured notes due in 2032 traded below 80 cents on the dollar on Wednesday, pushing their secondary-market yield above 15%.

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