Credo Technology ( $CRDO) Falls -41% in 30 Days Despite Record Earnings Credo Technology Group (CRDO) shares have fallen roughly -41% over the trailing 30 days, sliding from about $259.90 to near $153.50, despite posting record quarterly results. The sharp dec

Credo Technology ( $CRDO) Falls -41% in 30 Days Despite Record Earnings Credo Technology Group (CRDO) shares have fallen roughly -41% over the trailing 30 days, sliding from about $259.90 to near $153.50, despite posting record quarterly results. The sharp decline was triggered by fiscal Q1 2027 earnings that beat on revenue and EPS but disappointed on gross-margin guidance, sparking a broad valuation reset. The stock has now retraced a similar amount over the past quarter, pulling back sharply from its June record high near $308. $QQQ $ALAB $CAMT