🔴 COREWEAVE INC CEDEAR EACH 27 RE is trading 3.7% down today as co-founders sell $2.3B in stock post-lockup

COREWEAVE INC CEDEAR EACH 27 RE is trading 3.7% down now at $3.66 as investors react to news that the company’s three co-founders sold more than $2.3 billion in stock following the expiration of the post-IPO lockup period.

• The sales were executed via 10b5-1 trading plans, which are typically scheduled in advance to manage insider divestments.
• The downward move is exacerbated by a broader risk-off sentiment in U.S. equity markets, which is specifically pressuring high-growth AI-related names.