CEO Andrew Feldman and CTO Sean Lie sold more than $240 million of company stock since August under predetermined trading plans. The stock faces additional share unlocks, with up to 19.4 million shares available this Wednesday, another tranche due Oct. 28, and the full lockup expiring by Nov. 9.
Wednesday, October 21, 2026
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Cerebras Shares Drop Below $185 IPO Price to Hit 52 Week Low
US Markets8 days ago
Cerebras saw its market valuation erode on Monday, erasing gains for early shareholders as its stock fell about 10% during the trading session. The share price reached $150, a decline of 57% from its initial opening trade of $350 and approximately 19% below the $185 price established during its May public offering. This slide puts investors who participated in the $5.55 billion IPO underwater.
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