Credo Technology CRDO Plunges 3.22% as Trading Volume Plummets 53.31% to $1 Billion Ranking 118th in U.S. Equities

On September 22, 2025, , marking a significant decline amid subdued market activity. , ranking it 118th in volume among U.S. equities. The drop in liquidity suggests reduced investor participation, potentially reflecting uncertainty around the company’s near-term prospects or broader sector dynamics.

Recent developments indicate mixed signals for the stock. While no direct earnings or operational updates were disclosed, . , though no concrete catalysts have been identified. The stock’s volatility remains a concern, .

To assess the stock’s behavior, a rigorous back-test requires clarity on several parameters. The universe must define whether it includes all U.S. . . Additionally, data constraints necessitate either limiting the universe or using proxies like ETFs, which may introduce approximation errors. .