CRDO is trading 4.1% down now at $260.85, primarily following an analyst downgrade to Sell. * Seeking Alpha downgraded Credo Technology (CRDO) to Sell today, June 24, 2026, citing its high valuation and customer concentration. * The decline also reflects broad AI semiconductor sector volatility and a wider industry selloff, with the stock following a 10.1% drop on June 23, 2026, amid concerns over stretched AI valuations. * The market remains cautious ahead of Micron’s earnings, expected after market close today.