🟢 CRDO is trading 5.9% up today as it extends its rebound from a sharp AI-driven pullback

CRDO is trading 5.9% up at $178.91, extending its rebound from last week’s sharp AI-driven pullback and ongoing valuation worries.

• The move builds on an 8.14% gain on May 19, following a significant 9.24% drop on May 18.
• Traders are buying the dip in AI networking names as broader tech sentiment stabilizes ahead of key sector earnings.