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Business

Adam Eckert

CoreWeave, Core Scientific Shares Move Lower On $9 Billion All-Stock Deal

Core Scientific CoreWeave Core Scientific Inc CRWV

Data CenterHardware,Cables,Connected,To,A,Internet,Network,Device,Technology,Closeup

CoreWeave Inc (NASDAQ:CRWV) and Core Scientific Inc (NASDAQ:CORZ) shares are moving lower Monday after the companies announced a merger deal.

What Happened: CoreWeave and Core Scientific entered into a definitive agreement in which CoreWeave will acquire Core Scientific in an all-stock deal.

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