Credo Technology Group Stock News
$212.48
2.82%
Nasdaq, Oct 05, 04:17 pm EDT.
Closed.
Credo Technology Group Stock News
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to showcase 1.6T optical connectivity solutions for AI scale-out fabrics at ECOC 2026.
Credo Technology Group stock has slumped and moved into a bear market after slumping by nearly 50% from its highest point this year. It dropped to a low of $148 this week, its lowest level since April 14.
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo expands ZeroFlap portfolio with 224G-based 1.6T optical transceivers, addressing the growing demand for AI network infrastructure.
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to showcase its newest optical and copper interconnect products for scaling AI infrastructure at AI Infra Summit 2026.
Twilio, Bloom Energy and Cheniere Energy are among the top contenders to join the S&P 500 in the upcoming quarterly rebalancing.
Credo Technology Group stock continued its strong freefall, even after the company published encouraging financial results. CRDO dropped by over 9% in the premarket session, reaching its lowest level since July 30th.
Credo Technology late Tuesday beat estimates for its fiscal first quarter and with its sales outlook. But Credo stock fell in extended trading.
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