🔴 Cerebras Systems is trading 5% down today amid share supply and unverified customer concerns

Cerebras Systems is trading 5.16% lower at $172.03 amid reported customer concerns, though no single catalyst is confirmed.

• Reports that OpenAI’s GPT-6.1 Ultrafast tier may use Nvidia hardware rather than Cerebras remain unverified; no new company announcement was identified on October 2.
• COO Dhiraj Mallick’s September 29 sale was confirmed in a Form 4 under a pre-existing trading plan.
• The September 30 release of approximately 19.4 million shares may add supply pressure; broader indices were higher.