Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration
Posted by MarketsWire
Cerebras’ post-IPO low and 20% weekly decline show how competition from Nvidia can weigh heavily on a smaller chip company. The lockup expiration also highlights how newly eligible shares can add selling pressure and increase risk for retail investors. Has anyone here held Cerebras or another recent IPO through a lockup expiration, and how did you handle the volatility?