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In yesterday’s post, Two Saucy Sailors, I featured a new short position on CoreWeave (CRWV) which just happened to report earnings after the close yesterday. It spiked higher for a minute or two but then began weakening. Pre-open, the stock is down about 7%, tacking on another leg down in what has been a very long slide in the AI-dependent, poorly-named corporation.
Here are a couple of relatively young issues which seem prone to lower prices (please note one of them, Coreweave, reports after today’s close).
There’s precious little to cheer bears this morning, considering all the green on the screen, but I would point out one exception: Centene (CNC), the so-called healthcare provider:
