CoreWeave, a company specializing in data centers for AI applications, has seen its stock price soar 200% since going public in March, reaching a market cap of $59 billion. The possibility of a stock split is being considered as the share price climbs. Stock splits and reverse stock splits are tools used by companies to adjust share prices without changing market cap. CoreWeave may choose to conduct a stock split to make its stock more attainable for investors, but it seems unlikely in the near term. The company’s market cap and share price currently show no signs of non-compliance with exchange rules.

Read more at Nasdaq: Stock-Split Watch: Is CoreWeave Next?