CRWV is trading at $86.19 (-3.43%) in pre-market following an 8% drop on February 20, driven by analyst Eric Jackson's warning of a potential equity wipeout and AI integration delays.
- Concerns intensified after Blue Owl Capital failed to secure $4B in financing for a Pennsylvania data center project, raising doubts about the company's expansion plans.
- The company continues to face pressure from previous data center construction delays and the recent filing of class action lawsuits.