CoreWeave (CRWV) shares cratered today as investors prepared for the end of the AI data center firm’s IPO lock-up period. Indeed, with the lock-up now over, early investors and insiders will be allowed to sell their shares,

Corporate insiders will soon be able to unload shares, which could cause some selling pressure but also ultimately reduce volatility by increasing the stock’s float.

CoreWeave (CRWV) shares had dropped 10% by noon Thursday trading as its initial public offering lock-up period is slated to come to an end when the market closes today.