Home/ Crypto News/ Credo Technology (CRDO) Stock Plunges 21% Despite Earnings Beat on Weak Guidance

blockonomi Sep 02, 2026

Credo Technology (CRDO) Stock Plunges 21% Despite Earnings Beat on Weak Guidance

Stocks

Credo Technology (CRDO) stock crashed 21% despite beating Q1 estimates. J.P. Morgan and BofA cut targets amid concerns over future growth prospects.

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Source: Source: Blockonomi