The Livingston, New Jersey-based firm is scheduled to officially enter the index before the opening bell on June 22. As a benchmark, the Nasdaq 100 tracks the largest non-financial entities listed on the exchange, serving as a primary indicator of growth within the technology sector. CoreWeave’s rapid ascent reflects the broader market enthusiasm surrounding infrastructure providers supporting artificial intelligence operations.
In section Market Quotes
CoreWeave Stock Climbs Following Nasdaq 100 Inclusion
Investors pushed CoreWeave shares up 8.8% to $104.33 during Friday’s midday trading session, reacting to news that the cloud-computing specialist will join the Nasdaq 100 index. This latest surge extends the company’s strong market performance, bringing its total gains for the year to a notable 46%.
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