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

Blocknomi Published 02.09.2026 18:27

Key Takeaways Shares of CRDO tumbled 21% to $163.83 even after surpassing fiscal Q1’27 earnings and sales projections. The company reported adjusted earnings per share of $1.20, exceeding the $1.17…

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