CoreWeave stock price jumps 20% as CRWV rebounds on ARENA launch, earnings date looms
CoreWeave shares surged 20% to $89.95 in after-hours trading Friday after the company launched its ARENA platform for testing AI workloads at scale. Volume exceeded 36 million shares. The move follows a rough week for the stock and comes ahead of CoreWeave’s earnings report on Feb. 26. A regulatory filing showed Chief Development Officer Brannin McBee sold shares on Feb. 2 under a prearranged plan.