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Macro Finance

CoreWeave Debt Stress; JB Hunt Falls on Rising Costs | Stock Movers

Bloomberg Markets·October 16, 2026·1 min read

CoreWeave (CRWV) shares plunged 20% in the first three sessions of the week as its debt tumbled to distress levels, with investors pricing a more than 60% chance of default within five years. Apollo Global Management (APO) fell on a Morgan Stanley price target downgrade, while JB Hunt (JBHT) dropped as it plans to raise prices to offset rising costs.

Read at Bloomberg Markets
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