🔴 CRWV is trading 5% down today after Nasdaq-100 rebalance gains reversed

CRWV is trading at $105.76 (-4.97%) as it pulls back from recent gains amid a broader tech sector selloff.

• The decline follows a sharp reversal from the prior session’s $111.29 close, which occurred after the stock's recent addition to the Nasdaq-100.
• There are no company-specific negative catalysts reported; the move aligns with a wider market retreat where the Nasdaq Composite is down 1.63% and the S&P 500 has fallen 1.02%.
• Analysts suggest the price action is likely pressured by sector-wide risk-off trading rather than a fresh CoreWeave-specific event.