Cerebras shares opened at $350, up from its $185 IPO price, and closed up 68% at $311.07.
raisedeyebrow4891 on
🤨
Legendary-Lemon on
surely this is super healthy
slackday on
It got Cramers blessing on X now
Tasty-Window on
when this happens doesn’t it mean the bankers just made a ton of money and the company got fucked?
Nysyk on
Dare I say the b word? Market is doing it again, the next big thing is here and the big players have already price discovered. Everyone is speculating on the next 1000x. Can’t hide behind the few big companies that have numbers to justify valuation when market is pumping anything and everything adjacent AI (even if only in name lmao)
VenserMTG on
Can’t wait for SpaceX
millerlit on
First couple days seam to be pretty good for lots of highly anticipated IPO and then they drop off big time in next few weeks
IamGeoMan on
Cerebas’s wafer as chip approach is going to bite them in the ass. Oil money trying to catch fire with the semi and AI race is as sustainable and realistic as The Line.
Sub $100 within a quarter.
Lower_Skin_3683 on
should have just burned your $$$
dylanx5150 on
I may be a buyer at $50.
Cak8908 on
Let’s be transparent here. It hit the market at $385 and closed -24% for us regular investors who could buy it. Only people who got a gain were banks and institutions.
AcceptableMinute9999 on
It didn’t pop. It opened at $350 and dropped.
WOTEugene on
Bullish. WSB hate = def going to $1000.
Also, say whatever about their manufacturing process and architecture, but if watts per token on big models is accurate, doesn’t fucking matter.
I bought a bunch at $335.
Lumentum_LITE on
Praying for $LITE next week Nasdaq inclusion to drive it to $100 billion
SWEET_LIBERTY_MY_LEG on
$100 billion valuation for $510 million TTM. That’s 196 P/S
Comfortable_Idea3331 on
made a couple hundred off the one measly share sofi decided to give me lmfao
No_Mercy_4_Potatoes on
NVIDIA ripping…. And potential rival ripping at the same time 😂
NegativeSemicolon on
Totally normal market 😂
FullOf_Bad_Ideas on
I think they have good moat, unique product, not a lot of competition, and potentially a lot of future customers. I think it’ll settle around 200-300B valuation before EOY. It’s gonna be a super interesting stock to watch.
20 Comments
Cerebras shares opened at $350, up from its $185 IPO price, and closed up 68% at $311.07.
🤨
surely this is super healthy
It got Cramers blessing on X now
when this happens doesn’t it mean the bankers just made a ton of money and the company got fucked?
Dare I say the b word? Market is doing it again, the next big thing is here and the big players have already price discovered. Everyone is speculating on the next 1000x. Can’t hide behind the few big companies that have numbers to justify valuation when market is pumping anything and everything adjacent AI (even if only in name lmao)
Can’t wait for SpaceX
First couple days seam to be pretty good for lots of highly anticipated IPO and then they drop off big time in next few weeks
Cerebas’s wafer as chip approach is going to bite them in the ass. Oil money trying to catch fire with the semi and AI race is as sustainable and realistic as The Line.
Sub $100 within a quarter.
should have just burned your $$$
I may be a buyer at $50.
Let’s be transparent here. It hit the market at $385 and closed -24% for us regular investors who could buy it. Only people who got a gain were banks and institutions.
It didn’t pop. It opened at $350 and dropped.
Bullish. WSB hate = def going to $1000.
Also, say whatever about their manufacturing process and architecture, but if watts per token on big models is accurate, doesn’t fucking matter.
I bought a bunch at $335.
Praying for $LITE next week Nasdaq inclusion to drive it to $100 billion
$100 billion valuation for $510 million TTM. That’s 196 P/S
made a couple hundred off the one measly share sofi decided to give me lmfao
NVIDIA ripping…. And potential rival ripping at the same time 😂
Totally normal market 😂
I think they have good moat, unique product, not a lot of competition, and potentially a lot of future customers. I think it’ll settle around 200-300B valuation before EOY. It’s gonna be a super interesting stock to watch.