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Core Scientific Stock Stalls After Rally on Reported CoreWeave Acquisition Talks
Investopedia·2025-06-28 00:42

Key TakeawaysShares of Core Scientific stalled Friday after soaring 33% yesterday as The Wall Street Journal reported that CoreWeave once again is looking to buy the company.Last year, CoreWeave attempted to acquire Core Scientific for $5.75 per share but was rejected.The companies have a number of existing agreements for Core Scientific to provide CoreWeave with hosting capacity. Shares of Core Scientific (CORZ) were down slightly Friday after soaring 33% yesterday as The Wall Street Journal reported that ...