Credo Technology Stock Tanks Despite Sales More Than Double
- Posted on September 2, 2026
- By Google News
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Credo Technology Stock Tanks Despite Sales More Than Double
Credo Technology Group NASDAQ:CRDO shares fell about 7% Wednesday even after the semiconductor connectivity provider posted triple-digit revenue growth and earnings above expectations.Revenue for the fiscal first quarter jumped 114.7% year over year to $479 million, while non-GAAP earnings per shar…