🔴 Credo Technology Group is trading 4.1% down today as investors lock in gains after a sharp rally

Credo Technology Group is trading 4.1% down at $217.37 as investors continue to lock in gains following a sharp multi-session rally.

• The move follows recent double-digit pullbacks tied to valuation concerns and macro-driven volatility in semiconductor and AI infrastructure stocks.
• There has been no fresh company-specific news since the company reported stronger-than-expected Q3 fiscal 2026 results and raised its forward guidance.