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Credo stock dives on worries about Amazon dependence
In This Article:
Credo Technology Group (CRDO) shares plunge despite its results beating on the top and bottom line estimates for its fiscal third quarter, after reporting that 86% of its third quarter sales came from one customer: Amazon (AMZN).
Julie Hyman and Josh Lipton report more on this news.
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This post was written by Naomi Buchanan.
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