Cerebras Systems shares fell nearly 1% in premarket trading Thursday, extending their pullback since the company’s market debut last month. On Wednesday, CEO Andrew Feldman said Cerebras is engaged with multiple players that supply components for data centers, except Nvidia, speaking at the Bloomberg Tech conference in San Francisco. Cerebras listed its stock on the Nasdaq Global Select Market on May 14 and gained 68% over its IPO price on the opening day, but CBRS stock has since faced a downward trend and is down 31% from the opening day closing price. Cathie Wood’s ARK Investment picked up a $32.8 million lot on Cerebras' listing day and a $14.85 million lot earlier this week. On Stocktwits, the retail sentiment has remained ‘bearish’ since the start of last week. As of the market close on Wednesday, Cerebras’ market capitalization was $47.2 billion.