CRWV is trading at $91.12 (-4.2%) as multiple law firms file class action lawsuits alleging securities fraud over concealed data center delays and overstated infrastructure capabilities.
- The lawsuits cover the period from March 28 to December 15, 2025, following previous stock volatility linked to a terminated merger and lowered guidance.
- Allegations suggest the company misrepresented its operational readiness, echoing concerns previously raised in investigative reports by the Wall Street Journal.
- The stock's decline significantly outpaces the broader market, with the NASDAQ trading down 0.44%.