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CoreWeave shares experienced a sharp sell-off this week. Affected by the worsening credit conditions, the market value evaporated by more than $10 billion in four trading days. However, Deutsche Bank believes that this is a “buying opportunity” for investors. Analyst Brad Zelnick wrote in a client research report on Thursday: “The combination of factors appears to have caused a sharp sell-off in CoreWeave's listed stocks and bonds over the past week.” But he added, “We can't find the company's own fundamental factors that can explain this recent wave of markets.”
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CoreWeave shares experienced a sharp sell-off this week. Affected by the worsening credit conditions, the market value evaporated by more than $10 billion in four trading days. However, Deutsche Bank believes that this is a “buying opportunity” for investors. Analyst Brad Zelnick wrote in a client research report on Thursday: “The combination of factors appears to have caused a sharp sell-off in CoreWeave's listed stocks and bonds over the past week.” But he added, “We can't find the company's own fundamental factors that can explain this recent wave of markets.”
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