San Jose, CA – Shares of Credo Technology Group Holding Ltd (CRDO), a provider of high-speed connectivity solutions, are trading significantly lower in today’s session on the Nasdaq Stock Market. As of 23:09 GMT+5:30, the CRDO share price stands at 74.68 USD, a decrease of -1.78 USD or -2.33%. The previous closing price for the company was 76.46 USD.
The intraday CRDO chart, powered by TradingView, shows considerable volatility with a sharp decline at the market open, followed by some attempted recovery before trending lower again. This daily performance is reflected in the 1-day tab indicating a -2.24% change.
Despite today’s pullback, Credo Technology stock has demonstrated remarkable strength across various other timeframes. Investors have seen a significant +19.20% gain over the past five trading days and an explosive +59.69% surge over the last month. The positive momentum continues with a +5.79% appreciation over six months and an +8.87% gain year-to-date.
The one-year performance for CRDO shares is particularly noteworthy, rocketing an extraordinary +196.74%. Since its listing, the all-time performance for Credo Technology Group Holding Ltd shows a very strong gain of +517.77%.
Investors and market analysts closely monitoring the semiconductor and connectivity sector, as well as Credo Technology’s financials, news, forecasts, and options data, can explore “Full chart” or “See on Supercharts” features on various financial platforms for deeper analysis. The current decline in CRDO stock follows a period of significant upward momentum, highlighting the stock’s dynamic trading nature.
Frequently Asked Questions (FAQ):
Q1: What is the current stock price of Credo Technology Group Holding Ltd?
A: As of today at 23:09 GMT+5:30, the stock price of Credo Technology Group Holding Ltd (CRDO) is 74.68 USD.
Q2: What is the ticker symbol for Credo Technology Group Holding Ltd and on which exchange is it traded?
A: The ticker symbol is CRDO. It is traded on the Nasdaq Stock Market.
Q3: How has the CRDO stock performed today?
A: Today, the CRDO stock has decreased by -1.78 USD, which is a -2.33% change. The 1-day specific performance tab shows a -2.24% change.
Q4: What was the previous closing price for CRDO shares?
A: The previous closing price for CRDO shares was 76.46 USD.
Q5: What are the recent and long-term performance metrics for Credo Technology stock?
A:
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1 day: -2.24%
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5 days: +19.20%
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1 month: +59.69%
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6 months: +5.79%
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Year to date: +8.87%
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1 year: +196.74%
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All time: +517.77%
Q6: Is Credo Technology (CRDO) a good stock to invest in?
A: Credo Technology has shown exceptionally strong performance over the past year, month, and 5 days, as well as very strong all-time returns. However, it experienced a notable decline today. Whether it’s a “good” investment depends on your individual financial goals, risk tolerance (given its recent volatility), and thorough research into the company’s fundamentals, the semiconductor/connectivity industry outlook, and overall market conditions. Consulting a financial advisor is recommended.
Q7: What kind of company is Credo Technology Group Holding Ltd?
A: Credo Technology Group Holding Ltd provides innovative, high-speed connectivity solutions that deliver improved power and cost efficiency for the data infrastructure market, including data centers and high-performance computing.
Q8: Where can I find more detailed chart information for CRDO stock?
A: More detailed chart information, often labeled as “Full chart” or “See on Supercharts,” can be found on financial news websites, brokerage platforms, and stock market data providers like TradingView that cover the Nasdaq Stock Market.
