CoreWeave is trading at $98.15 (+3.3%) in pre-market, supported by broader semiconductor and AI sector strength, even as it navigates a securities fraud class action lawsuit.
- The stock has surged 37% over the last 30 days, continuing a strong rebound from lows seen in late 2025.
- The lawsuit alleges the company overstated its ability to meet customer demand and concealed significant construction delays at data centers.
- Prior sharp declines in late 2025 followed the failed Core Scientific merger and guidance cuts due to third-party developer delays.