On July 29, Credo Technology Group Holding Ltd fell 5.09% in regular trading, trading at $182.42/share, with turnover of $131 million.

On the news front, U.S. semiconductor and optical communications stocks extended a broad selloff, with the Philadelphia Semiconductor Index plunging 4.49% in a single session, retreating nearly 25% from its recent high and formally entering deep correction territory. Sector-wide declines were severe, with Corning down over 12%, Coherent down over 10%, SK hynix and Micron Technology each down nearly 9%, AMD down over 8%, and Marvell Technology down over 7%.

Credo has been under sustained sector-driven pressure in recent sessions, falling nearly 10% on July 25, over 5% on July 27, and over 9% on July 28, accumulating a significant short-term pullback as risk-off sentiment intensifies across the industry chain.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)