Adaptimmune stock plunges after announcing Nasdaq delisting plans
Magnetar Financial LLC, a ten percent owner of CoreWeave, Inc. (CRWV), sold 13,282 shares of Class A Common Stock on October 15, 2025, for approximately $1.79 million. The sales prices ranged from $137.44 to $141.00 per share. The transaction comes as CoreWeave , now valued at $73.48 billion, has seen its stock surge over 250% in the past six months. According to InvestingPro analysis, the stock appears overvalued at current levels.
The transactions are detailed in a Form 4 filing with the Securities and Exchange Commission. Following the sales, Magnetar Financial still indirectly holds 9,202,863 shares through Magnetar Longhorn Fund LP, and 932,272 shares through Purpose Alternative Credit Fund - T LLC. Investors tracking this stock should note that CoreWeave’s next earnings report is scheduled for November 12, 2025. InvestingPro subscribers have access to 12 additional investment tips and comprehensive financial metrics for CRWV.
Magnetar Financial LLC serves as the investment advisor to Magnetar Longhorn Fund LP and Purpose Alternative Credit Fund - T LLC. Magnetar Capital Partners LP is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC is the general partner of Magnetar Capital Partners. David J. Snyderman is the administrative manager of Supernova Management LLC. Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.
In other recent news, CoreWeave announced the appointment of Jon Jones as its first Chief Revenue Officer. Jones brings over two decades of experience in technology leadership roles, previously serving as Global Head of Startups and Venture Capital at Amazon. CoreWeave has also secured a significant partnership with Poolside to provide over 40,000 GPUs, with Evercore ISI estimating this deal could add approximately $5 billion to the company’s backlog. This development potentially increases CoreWeave’s total backlog to over $55 billion. Additionally, CoreWeave is collaborating with Poolside to build a massive AI data center in West Texas, leveraging natural gas from the Permian Basin for power. The planned facility, named "Horizon," will feature a computing capacity equivalent to the Hoover Dam’s electric generation. CoreWeave has also launched Serverless RL, a platform aimed at simplifying AI agent training, offering 1.4x faster training times and 40% lower costs compared to traditional environments. This new service is a collaboration with OpenPipe, providing a streamlined approach to reinforcement learning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.