CoreWeave Insider Dumps $370 Million in Stock After Brutal Sell-off
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CoreWeave faced increased scrutiny as a major shareholder, Magnetar Financial LLC, sold approximately 2.7 million shares for about $370.5 million, following a significant post-earnings decline. This sale adds to a trend of insider selling, with nearly $1.9 billion in sales reported by insiders over the past three months. The stock has already dropped over 11% after the latest earnings report, raising concerns about investor sentiment and insider confidence in the company's future.
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