Cerebras stock hits all-time low, down ~75% from May peak, after Culper short report

Cerebras Systems stock fell to a record low of about $95.57, roughly 75% below its May 14 peak of $386.34 and its lowest since its IPO. A short-seller report last week from Culper Research, which claims Cerebras' giant chips wear out fast, first knocked shares lower.

Detected & updated continuously · Source: Nebula