CRWV is trading at $96.09 (-3.46%), extending a multi-day decline following a class action lawsuit accusing the company of misleading investors regarding data center delays and merger issues.
- The lawsuit, announced January 30, 2026, highlights prior drops stemming from merger termination and lowered guidance.
- The filing references previous WSJ reports detailing construction setbacks involving Core Scientific.
- This decline is a company-specific catalyst, contrasting with the modest broader market weakness (S&P down 0.3%).