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CRDO
NASDAQ Technology

Credo Completes $750M DustPhotonics Acquisition, Bolstering Optical Connectivity

Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Communication Equipment Stocks · Technology
Sentiment info
Positive
Importance info
7
Price
$218.747
Mkt Cap
$40.806B
52W Low
$59.21
52W High
$233.7
52W Position info
269% above low
Off High info
6.4% below high
Rel. Volume info
0.6× avg
Market data snapshot near publication time

CRDO has more than doubled off its 52-week low of $59.21.

Summary

Credo Technology Group has completed its acquisition of DustPhotonics. This follows the April 13th announcement of the deal, which was valued at $750 million in cash and stock. The acquisition is expected to accelerate Credo's optical connectivity solutions, strengthening its position in the data center and AI markets.

At the time of this announcement, CRDO was trading at $218.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $40.8B. The 52-week trading range was $59.21 to $233.70. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.


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CRDO - Latest Insights

CRDO
Jul 15, 2026, 4:31 PM EDT
Filing Type: 144
Importance Score:
7
Price at Filing: $227.00
Real-time Price: $204.41 info
Change: -$22.59 (-10%) info
Market Cap: $38.782B info
CRDO
Jun 15, 2026, 5:15 PM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $257.28
Real-time Price: $204.41 info
Change: -$52.87 (-21%) info
Market Cap: $38.782B info
CRDO
Jun 15, 2026, 5:09 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $257.23
Real-time Price: $204.41 info
Change: -$52.82 (-21%) info
Market Cap: $38.782B info
CRDO
Jun 09, 2026, 4:03 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $235.32
Real-time Price: $204.41 info
Change: -$30.91 (-13%) info
Market Cap: $38.782B info
CRDO
Jun 02, 2026, 3:14 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $199.55
Real-time Price: $204.41 info
Change: +$4.86 (+2%) info
Market Cap: $38.782B info
CRDO
Jun 01, 2026, 4:08 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $199.85
Real-time Price: $204.41 info
Change: +$4.56 (+2%) info
Market Cap: $38.782B info
CRDO
Jun 01, 2026, 4:05 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $206.79
Real-time Price: $204.41 info
Change: -$2.38 (-1%) info
Market Cap: $38.782B info
CRDO
May 28, 2026, 9:21 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $218.75
Real-time Price: $204.41 info
Change: -$14.34 (-7%) info
Market Cap: $38.782B info
CRDO
May 25, 2026, 7:00 AM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $216.29
Real-time Price: $204.41 info
Change: -$11.88 (-5%) info
Market Cap: $38.782B info
CRDO
May 07, 2026, 7:17 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $194.75
Real-time Price: $204.41 info
Change: +$9.66 (+5%) info
Market Cap: $38.782B info