CoreWeave shares fall nearly 15% after Jim Cramer expressed confidence
CRWV CoreWeave Inc
$65.78 -15.46%
View chart & analysis → - 1Jim Cramer said CoreWeave is the only kind of company he trusts.
- 2CoreWeave shares fell nearly 15% on Wednesday.
- 3CoreWeave's total debt of $52 billion as of June is greater than its market capitalization of approximately $37 billion.
So what's the key point?
CoreWeave shares fell nearly 15% after Jim Cramer said he trusts the company. This means the company's debt is higher than its total value.
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