CoreWeave Stock (CRWV) Surges on DOE “Genesis Mission” Catalyst as Citi Reboots Coverage — Latest News, Forecasts, and Risks
CoreWeave shares surged nearly 16% to $78.38 on December 19 after announcing its participation in the U.S. Department of Energy’s Genesis Mission. Trading volume topped 21 million shares. Citigroup reinstated a Buy rating, citing new momentum but flagged risks. The DOE listed CoreWeave as a partner in its national AI initiative.