# Credo Technology Shares Fall Nearly 18% in Thursday Selloff By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/49601 Published: 2026-11-05T22:28:08.000Z Updated: 2026-11-05T22:28:08.000Z Section: Investing > The stock closed at $112.33 after losing $24.17 as the Nasdaq 100 fell 6.4% in a broad technology retreat. Credo Technology Group Holding Ltd. shares fell nearly 18% Thursday, closing at $112.33 after a $24.17 loss during the session as technology stocks sold off broadly across U.S. markets. Credo develops high-speed copper and optical interconnect products for artificial intelligence and data-center infrastructure. The Nasdaq 100 fell 6.4% Thursday, losing $2.3 trillion in market value. The [broader Thursday selloff]() also hit crypto-related stocks. ## Links in this article - [broader Thursday selloff](https://www.tokenpost.com/news/investing/49564)