CoreWeave stock jumps in premarket as AI infrastructure names rally — and a lawsuit looms
CoreWeave shares rose about 6% in premarket trading Tuesday, extending a weeklong rally. A new securities class action lawsuit alleges the company overstated its ability to meet demand and concealed data center delays. Simply Wall St’s valuation model puts CoreWeave’s fair value at $32.53 per share, far below its current price near $101. Investors have until March 13 to seek lead plaintiff status in the lawsuit.