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Why Did CRWV, IREN, NIO Stocks Slump To 52-Week Lows Today?

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Why Did CRWV, IREN, NIO Stocks Slump To 52-Week Lows Today?

CoreWeave, IREN and NIO fell to 52-week lows on Monday amid a negative outlook for neoclouds and mounting industry pressures for EV companies.

Directly affected

  • CRWV CoreWeave-34.6% 30d

    Named in this report.

  • IREN Iren-42.3% 30d

    Named in this report.

  • NIO Nio

    Named in this report.

Indirectly affected

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “ev” (autos) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+0.3% 16d

    Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “ev” (autos) in this story.

  • TSLA Tesla+3.7% 30d

    Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “ev” (autos) in this story.

  • GM General Motors-12.9% 30d

    General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “ev” (autos) in this story.

  • TM Toyota Motor+2.2% 30d

    Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “ev” (autos) in this story.

  • F Ford Motor-16.4% 30d

    Ford Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “ev” (autos) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRWV+12.58%+0.73%baseafter closeafter closeafter closeafter close
IREN+4.64%+0.26%baseafter closeafter closeafter closeafter close
NIO+4.90%+1.23%baseafter closeafter closeafter closeafter close
CARZNo price data for this ticker———————
XLYNo price data for this ticker———————
TSLANo price data for this ticker———————
GMNo price data for this ticker———————
TMNo price data for this ticker———————
FNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Why Did CRWV, IREN, NIO Stocks Slump To 52-Week Lows Today? Stocktwits

Source: Stocktwits

This story

CompanyWhenMoveStatus
CRWVthree days earlier+0.73%final price
CRWVfive days earlier+12.58%final price
IRENthree days earlier+0.26%final price
IRENfive days earlier+4.64%final price
NIOthree days earlier+1.23%final price
NIOfive days earlier+4.90%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Why Did CRWV, IREN, NIO Stocks Slump To 52-Week Lows Today?” looks

25 out of 100

“Why Did CRWV, IREN, NIO Stocks Slump To 52-Week Lows Today?” scores 25 out of 100. The score uses 2 sources.