CoreWeave Surges to 17th in Trading Volume with $29.94 Billion Turnover

On June 16, 2025, CoreWeave (CRWV) saw a significant surge in trading volume, with a total turnover of $29.94 billion, ranking it 17th in the day's stock market activity. The company's stock price increased by 7.68%.

CoreWeave has divested all of its shares in Applied Digital, as disclosed in a regulatory filing on June 10. This move comes as the company continues to focus on its core operations and strategic partnerships.

Bank of America analyst Brad Sills has downgraded CoreWeave's stock rating from Buy to Neutral, citing valuation concerns. The price target has been adjusted to $185, up from the previous $76. This change in rating reflects the analyst's assessment of the company's current market position and future prospects.