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Cerebras surges by 190% on debut, market cap tops $100 billion
May 14, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan
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AI Overview
Cerebras (CBRS) debuted on Nasdaq Thursday, selling IPO shares at $185, opening at $350 and briefly rising past $385 before cooling to about $310. The rapid move pushed an initial market cap near $100 billion before settling around $95 billion, a high-profile fundraising and market event that could influence crypto and DeFi fundraising and adoption sentiment.
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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...
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In This News
Coins
$ 214.58
+8.08%Predictions Markets
See what traders are focused on
Share: