Cerebras Falls to $146.62, Below Its $185 IPO Price –…
By Rick Steves
Source excerpt · FinanceFeeds
Cerebras Systems closed at $146.62 on Monday, down 10.69% in its lowest close since the company went public. The shares traded as low as $145.75 and volume reached about 18.1 million, more than double the recent one-month average of approximately 8.3 million. Cerebras is now 20.7% below its $185 IPO price, 52.9% below its $311.07 first-day close and 62.0% below the $386.34 intraday high set on its…