CoreWeave plunges over $10 billion in market value; Deutsche Bank: There is a buying opportunity

CoreWeave shares suffered a brutal sell-off this week, with more than $10 billion in market value wiped out over four trading sessions amid deteriorating credit conditions. But Deutsche Bank sees it as a "buying opportunity" for investors. Analyst Brad Zelnick wrote in a client research note on Thursday: "A combination of factors appears to have caused the sharp sell-off in CoreWeave's listed shares and bonds over the past week." But he added: "We can't find company-specific fundamental factors that would explain the recent move."