CoreWeave Stock Drops After $2 Billion Convertible Debt Offering

CoreWeave, identified by its stock symbol CRWV, experienced a significant decline on Monday. This came after the announcement of a $2 billion convertible debt offering set to mature in 2031.

Impact of Convertible Debt Offering

The convertible debt offering has prompted concerns among investors. As a result, CoreWeave’s stock traded lower, falling by more than 5% to a price of $83.80 early in the trading session.

Stock Performance Overview

In 2025, CoreWeave’s stock had seen impressive growth, surging by 120%. However, this recent downturn marks a departure from its peak performance.

Previous Highs and Market Trends

• All-time high: $187 on June 20, 2025
• Current trading price: $83.80
• Percentage drop in stock value: Over 5%

This convertible debt offering raises important questions about the company’s future financial strategies and its potential effects on stockholder value.