CoreWeave Falls 15.5% as Co-Founders Keep Selling Stock

CoreWeave shares dropped 15.5% amid bad inflation data and worries about its debt levels. CEO Michael Intrator sold stock every week from April through September, and fellow co-founders have also been selling regularly, undermining investor confidence.

• CoreWeave stock fell 15.5% in a single day
• Intrator sold shares weekly from April to September
• Other co-founders also sold stock regularly
• Chatter about low bond levels fueled the sell-off