Why Credo Technology Stock Is Soaring in After-Hours Trading

When management claims a company has achieved a record performance, investors sit up and take notice.Reversing its downward trend from regular trading hours today, Credo Technology (CRDO 3.64%) stock is surging higher in after-hours trading despite falling 3.6% during regular market hours. Reporting second-quarter 2026 financial results after the market closed this afternoon, the provider of connectivity solutions for artificial intelligence (AI) applications significantly surpassed analysts' expectations o ...