Credo Technology (CRDO) Stock: Institutional Buying and AI Hype Drive Weekend Buzz – November 29, 2025 Update
Credo Technology Group shares closed at $177.60 on Nov. 28, up 8.29% after a week of gains fueled by AI data-center deals and acquisitions. Legal & General Group Plc raised its stake by 11.8% in Q2, now holding 174,722 shares. Institutional ownership stands near 80% of the free float. CRDO trades at 200–260 times earnings, near its 52-week high.