CoreWeave's latest quarterly results surpassed Wall Street's expectations, and while analysts reacted favorably to the results, an upcoming lock-up expiration was another matter. CoreWeave — which rents out Nvidia chips to companies — posted second-quarter revenue of $1.21 billion, above the $1.08 billion that analysts surveyed by LSEG had estimated. The company also issued better-than-expected forward guidance. While CoreWeave shares more than doubled over the past three months, soaring 107%, the stock was down 12% in early trading Wednesday. CRWV 1D mountain CRWV, 1-day Some analysts said the move lower could be tied to lock-up expiration effective at the close of the market on Thursday — when insiders will be allowed to start selling shares following the company's March initial public o

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