CRWV is trading at $90.10 (-3.32%) after multiple securities fraud class action lawsuits were filed today alleging the company overstated infrastructure capabilities and hid data center delays.
- This decline extends recent weakness, following a 6.37% drop on January 30 after initial lawsuit news.
- The stock is falling despite Nvidia's $2 Billion investment announced just last week.
- Shares are bucking today's modestly higher market (S&P up 0.45%) amid investor concerns over debt reliance and project delays.