Credo Technology Group Holding Ltd. Shares Drop 18% Amid Tech Sector Selloff
Shares of Credo Technology Group Holding Ltd. (CRDO) experienced a significant decline on Thursday, falling nearly 18%. The stock closed at $112.33 after losing $24.17 in value during the trading session. The downturn appears to be part of a broader selloff within the technology sector. Credo Technology specializes in high-speed copper and optical interconnect products designed for artificial intelligence (AI) and data center infrastructure.
Tickers: $CRDO
Topics: AI hardware data-center infrastructure stock price decline
Read the full article at Seeking Alpha
Part of the story Texas Instruments Shares Drop 11% Amid Sector-Wide Technology Selloff (3 articles)