AIThe Motley Foolabout 4 hours ago
Cerebras stock opens at $350, drops 20% next day
1 min read
Cerebras Systems shares opened at $350 on May 14, nearly double its $185 IPO price, then fell 20% to $201.01 by the next day. The surge followed an IPO price range of $115 to $125, later expanded to $150 to $160 before final pricing. Cerebras reported 15x speed gains over GPU solutions on open-source models and $510 million in 2025 revenue, up from $24 million in 2022.
Level
Hype check
Tap to vote and see what everyone thinks.
