An up-and-coming company specializing in the hottest technology area decides to go public. It's teamed up with the most prominent player in that area. The company's initial public offering (IPO) is set to be the biggest for a tech stock in years.

CoreWeave was falling early on Monday as investors continued to look skeptically at the cloud-computing company’s initial public offering. CoreWeave shares were down 5% at $38.00 in premarket trading,

CoreWeave’s stock is now up 65% since its flat trading debut on Friday. Analysts note it has a smaller float that can make it prone to volatile swings.