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Nebius and CoreWeave shares plunge as CoreWeave bond yields surge

The Motley Fool +1 ·

NBIS Nebius Group NV
$159.17 -7.23%
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  1. 1Nebius and CoreWeave shares each plummeted 25% during the week of October 12-16.
  2. 2CoreWeave bond yields in the secondary market surged to 15%.
  3. 3The market lacks confidence in CoreWeave's ability to meet its debt obligations.

So what's the key point?

Nebius and CoreWeave shares fell by 25%. The market is doubting whether CoreWeave can repay its debts.

Source The Motley Fool +1 · View original ↗

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