CoreWeave stock (CRWV) drops as tariff jitters and lawsuit chatter pressure AI cloud name
CoreWeave shares fell 5.6% to $95.59 Tuesday after a law firm filed a securities class action alleging the company misled investors about demand and supplier risks. The drop outpaced declines in Nvidia and Microsoft as U.S. tariff threats against Europe fueled broader tech sector losses. Investors have until March 13 to seek lead plaintiff status in the lawsuit.