XETRA:CBK.DE 2 December 2025

Credo plunged 11.2% to $238.00 on Friday—erasing $12 billion in equity value and marking a 21.3% drop from Monday’s record close—on massive volume nearly five times its 65-day average, as investors question whether its high AI-driven valuation, at 33 times trailing revenue, is cooling or being repriced amid index rebalancing and sector-wide chip stock declines.