Credo Technology Group’s stock has dropped 28% in two weeks, with no specific negative news driving the decline. The high beta of 2.7 means double-digit swings are common for this volatile growth stock. Despite recent drops, the stock is up 103% year-to-date and 839% over the past three years. Credo’s fundamental story remains strong, with revenue doubling last year and new products expanding its market potential. However, risks include customer concentration and high valuation metrics. Long-term investors with high risk tolerance may find the recent dip a buying opportunity if they believe in Credo’s growth potential in the AI connectivity market.

Read more at Nasdaq: Credo Technology Stock Is Down 28% in Two Weeks. Is the Dip Worth Buying?