Credo Technology (CRDO) stock whipsaws, rebounds after CTO share-sale filing; Needham talk next
Credo Technology shares jumped 6.7% to $141.80 Wednesday after an SEC filing showed CTO Chi Fung Cheng sold 30,000 shares via a family trust under a 10b5-1 plan. The stock had fallen as much as 6% earlier in the session. CEO Bill Brennan and CFO Dan Fleming are set to speak at the Needham Growth Conference in New York on Jan. 14.