Why Cerebras Stock Is Rising This Week
Temperatures are rising -- and so is enthusiasm for this new AI stock.
Overview
After sinking more than 15% last week, shares of Cerebras (NASDAQ: CBRS) have been heading in the other direction over the past few days. With several analysts initiating coverage on the artificial intelligence (AI) stock and setting auspicious price targets, investors have found sufficient cause to click the buy button.
According to data from S&P Global Market Intelligence, Cerebras shares are up 10.2% from the close of trading last Friday through yesterday's close.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.