🔴 CoreWeave is trading 3.5% down in pre-market after securities fraud class action lawsuit filed

CRWV is trading at $96.07, down 3.48% in pre-market following a securities fraud class action lawsuit filed on January 29, 2026.

• The legal action compounds investor concerns about the company's financial sustainability, despite Nvidia's $2 billion investment and partnership announcement.
• CoreWeave faces mounting pressure from high capital expenditures ($20-23 billion annually) and widening net losses ($291 million in Q3).
• Technical weakness persists, with net debt at roughly 6x trailing EBITDA, leaving minimal room for error and the stock struggling to hold its 20-week moving average resistance level.