CRWV is trading at $79.51 (-3.58%) in pre-market, extending a sharp decline as law firms issue reminders regarding an imminent March 13 securities class action deadline.
- The lawsuit alleges fraud involving data center delays and overstated capabilities, following significant stock volatility in late 2025.
- The downward move coincides with broader Nasdaq weakness, which is down 1.02% as investors rotate out of the technology sector.
- Market focus remains on the legal proceedings despite CoreWeave's announcement of ARENA, a new internal AI research lab.