Cerebras CBRS opens at $350, closes +68% in 2026's biggest IPO debut
Read this because An IPO pop isn't a moat. The real test is whether +68% holds after the 6-month lockup — and whether anyone actually swaps NVDA inference for CBRS.
Cerebras priced at $185, opened at $350 (+89%), closed $311.07 (+68%). Implied market cap roughly $70B fully diluted. $5.55B raised, 20× oversubscribed.