Nebius and CoreWeave shares plunge as CoreWeave bond yields surge
NBIS Nebius Group NV
$159.17 -7.23%
View chart & analysis → - 1Nebius and CoreWeave shares each plummeted 25% during the week of October 12-16.
- 2CoreWeave bond yields in the secondary market surged to 15%.
- 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 ↗
Nothing hidden: past picks and how they did against the S&P 500.