CoreWeave is trading 7.83% down at $64.23 amid concerns about its debt load and borrowing costs.
- Reuters reported that shares retreated after closing Thursday up 5.94%, giving back ground in Friday premarket trading.
- Hotter inflation and higher-rate worries are pressuring technology and AI-related stocks; no new company announcement explaining the move was identified.
- The decline follows a volatile week in which shares fell sharply earlier.