CoreWeave Misfire Extends IPO Malaise Instead of Ending It

In the Media
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1 min read

In Bloomberg, White & Case partner Joel Rubinstein discusses trends in the IPO market, including how many deals have underperformed this year, and the impact that market volatility has had on investors' appetite to fund public offerings.

Regarding the impact of CoreWeave's initial public offering debuting at 40 percent lower than its initial target, Rubinstein said, "IPO investors are still taking a cautious approach, remaining laser-focused on any uncertainties about the growth prospects of a company conducting its IPO."

See the full Bloomberg article here.

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