Convertible notes scare investors as CoreWeave stock crashes 7% on $2B offering

Shares of CoreWeave dropped fast on Monday after the company told investors it plans to raise $2 billion through debt that can later turn into stock, according to Bloomberg. The fall hit before markets opened, with the stock sliding 7% to $82. 10. The company said the sale involves convertible notes due 2031 through a private […] source: https://www.cryptopolitan.com/coreweave-stock-crashes-4-on-2b-offering/