What's Going On With Credo Technology Stock Thursday?
Yahoo Finance · Sep 3, 2026 · Credo Technology Group Holding Ltd (CRDO)
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) stock edged lower in Thursday’s premarket trading after plunging 20.04% in the previous session, as investors weighed rapid growth against shrinking margins and rising costs.The stock’s modest gain suggested it was stabilizing after a post-earnings pullback. Credo reported fiscal 2027 first-quarter revenue of $479 million, beating the $471.77 million estimate. Adjusted earnings of $1.20 per share topped the $1.17 estimate.However, GAAP gross marg
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