Credo Technology stock dips after pricing $156.5 million stock offering

• Credo Technology Group (NASDAQ:CRDO) has priced an underwritten public offering of 10 million ordinary shares at a price of $17.50 per share.

• Shares were down 4.8% to $17.80 after-hours on Tuesday.

• A total of 8.94 million of the shares are being offered