CoreWeave IPO Investors Sitting on Big Gains Get Chance to Sell

CoreWeave signage in Times Square.

Photographer: Yuki Iwamura/Bloomberg

CoreWeave Inc.’s March initial public offering has been a roaring success for anyone lucky enough to get in at the start. The stock more than quadrupled by mid-June. Even after a recent selloff, the shares are still up nearly 150%.

The problem, though, is most of those early investors haven’t been able to cash in.