New York, Jan 22, 2026, 11:36 a.m. ET — Regular session
- CoreWeave shares edged up roughly 1% in late morning trades following a turbulent week
- A Form 144 filing revealed a major shareholder intends to offload roughly $26.8 million worth of shares
- A law firm announced that a securities class action lawsuit has been filed against the company
CoreWeave shares edged up roughly 1% to $95.04 on Thursday, bouncing between $93.30 and $99.20 during the session. Investors digested new legal developments alongside a recent filing hinting at possible insider selling.
These moves are crucial given CoreWeave’s volatile intraday swings this week. The stock has grown increasingly reactive to any factor that increases supply or raises questions about disclosures.
This is particularly the case for fast-growing AI infrastructure stocks, where traders jump on filings and headlines before cash flow and capital spending figures even register.
Pomerantz LLP announced Thursday that it filed a securities class action lawsuit against CoreWeave and some of its officers in U.S. federal court in Texas. The suit targets investors who purchased CoreWeave securities from March 28, 2025, through Dec. 15, 2025. (PR Newswire)
Separately, a Form 144 filing revealed an intention to offload 281,250 shares via Morgan Stanley Smith Barney. The total market value is pegged at roughly $26.8 million, based on the filing summary. Under SEC Rule 144, affiliates must file a Form 144 when selling restricted or control securities. (Stock Titan)
The planned sale represents only a tiny fraction of the company’s 386.4 million shares outstanding, yet it follows a period marked by heavy trading activity. (Stock Titan)
CoreWeave ended Wednesday’s trading at $94.05, having dropped to a session low of $87.25 earlier, according to Yahoo Finance.
CNBC’s Jim Cramer called out the stock this week, noting, “CoreWeave’s stock is coming back,” Insider Monkey reported in a recap. (Insider Monkey)
The overhang remains a concern. Lawsuits tend to drag out, and if early investors start selling, it could weigh on the stock—especially since it has shown sharp drops on risk-off days.
The next major milestone for investors is CoreWeave’s upcoming quarterly report. Nasdaq currently estimates the earnings release around Feb. 9, but warns the date is algorithm-driven and subject to change. (Nasdaq)