Credo Technology Shares Fall Nearly 18% in Thursday Selloff
Photo: TokenPost
Credo Technology Group Holding Ltd. shares fell nearly 18% Thursday, closing at $112.33 after a $24.17 loss during the session as technology stocks sold off broadly across U.S. markets. Credo develops high-speed copper and optical interconnect products for artificial intelligence and data-center infrastructure. The Nasdaq 100 fell 6.4% Thursday, losing $2.3 trillion in market value. The broader Thursday selloff also hit crypto-related stocks. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
