CoreWeave ($CRWV) has experienced a notable decline, dropping below $40, which marks a significant downturn in the company's stock performance. The stock fell by 13% amid broader market concerns, particularly in the context of the current economic environment characterized as #Quad4. This decline comes despite previous optimism surrounding potential capital markets activity, as indicated by Goldman Sachs CEO David Solomon's hopes for a 'capital markets breakout' in initial public offerings (IPOs). The recent trading activity reflects a heightened level of market panic, as investors react to the overall economic conditions.