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Forex

Royal Bank of Canada Cuts Stake in Credo Technology Group Holding Ltd.

Guavy AI Editorial Team
Instruments
CAD
Share

Royal Bank of Canada has reduced its stake in Credo Technology Group Holding Ltd. by 71.2% during the first quarter, according to a recent filing with the Securities & Exchange Commission.

The bank owned 32,364 shares of the company's stock after selling 80,182 shares during the period, valued at $3,039,000.

This is not an isolated instance; other institutional investors have also made changes to their positions in Credo Technology Group.

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