Shares of CoreWeave slumped around 15% on Friday, after the company’s plans to double capital expenditure this year stoked investor concerns about margin pressure and effective returns from its artificial intelligence push.
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty500 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on April 2, according to stockedge.com’s technical scan data.