Cerebras Shares Sink to Post-IPO Low as Nvidia Pressure and Lockup Selling Hit the Stock
Cerebras Systems shares fell to a record low on Tuesday, extending a bruising post-listing decline as investors weighed intensifying competition from Nvidia and fresh selling pressure tied to the expiration of insider lockup restrictions. The stock has dropped about 20% over the week, underscoring how quickly sentiment has turned against one of the most closely watched names in artificial intelligence hardware.
