CoreWeave investors sell over $1 billion worth of shares after lock up period ends in initial public offering According to a report by Golden Finance, Morgan Stanley, JPMorgan Chase, and Goldman Sachs organized a massive transaction worth over $1 billion for CoreWeave, after insiders of the AI data center group sold their holdings for the first time since the company went public. According to company documents, as the lock up period expired on Thursday evening, the selling shareholders included Jack Cogen, a director of CoreWeave, whose total market value of the shares sold was close to $300 million. On Friday noon, the stock price remained stable at around $100, having fallen by about 35% in the previous two days.