This high-flying AI stock has taken a big beating of late, but it has the potential to regain its mojo.

Cloud artificial intelligence ( AI ) infrastructure provider CoreWeave ( CRWV 0.22% ) witnessed a stunning increase in its stock price since going public just over five months ago. Shares of the company shot up a remarkable 133% since then, though the recent action suggests that investors have been booking profits following its phenomenal rise.

Specifically, the stock has slipped 50% from the 52-week high it hit on June 20. CoreWeave's recent slip can be attributed to a combination of its planned all-stock acquisition of Core Scientific , its recent quarterly results in which the company delivered a bigger-than-expected loss, and the expiration of the post-IPO (initial pu

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