Datavault AI Stock Falls as $60 Million Share Sale Puts Its GPU Network Bet Under Pressure
Shares of Datavault AI Inc. tumbled roughly 20% on the Nasdaq early Monday, following the company’s move to price a $60 million common stock offering intended to bankroll its upcoming AI computing network. According to market data, the stock was last quoted at 59.69 cents—off 14.69 cents versus Friday’s finish.