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Cerebras opened at $350 after pricing its IPO at $185 per share

Cerebras (CBRS) came into Nasdaq on Thursday with a huge first trade, opening at $350 after selling IPO shares at $185 each and clearing $100 billion market cap right away. The CBRS stock later ran past $385, then cooled in afternoon trading to around $310, leaving the company valued near $95 billion after the early...

Cerebras opened at $350 after pricing its IPO at $185 per share