---
title: "Pre-market hot trades in US stocks: Credo down 3.04% in pre-market trading: earnings report below expectations, analysts downgrade rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296776191.md"
description: "Credo Tech fell 3.04% in pre-market; Sadot rose 57.06% in pre-market; Picard Medical rose 40.77% in pre-market; Reitar Logtech rose 35.34% in pre-market"
datetime: "2026-08-24T10:57:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296776191.md)
  - [en](https://longbridge.com/en/news/296776191.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296776191.md)
generator: "portal-rs"
---

# Pre-market hot trades in US stocks: Credo down 3.04% in pre-market trading: earnings report below expectations, analysts downgrade rating

**Pre-market Hot Trades in US Stocks**

Credo Tech is down 3.04% in pre-market trading. Based on recent key news:

1.  On August 21, Credo Technology Group Holding Ltd. released its latest financial report, showing that the company's earnings fell short of expectations, leading to a decline in stock price. The report indicated that the company's revenue and profit in the last quarter were both below market expectations, causing investors to express concerns about the company's future profitability, resulting in a 3.04% drop in pre-market stock price.

2.  On August 20, concerns about the overall poor performance of tech stocks intensified, affecting Credo Tech's stock price. Recent macroeconomic pressures facing the tech industry, including rising interest rates and supply chain issues, have weakened investor confidence in tech stocks, dragging down Credo Tech's stock price.

3.  On August 19, analysts downgraded Credo Tech's rating, further undermining market confidence. Analysts believe that the company's earnings growth may slow in the coming quarters, advising investors to be cautious with the stock, leading to several days of pressure on the stock price. The tech industry is facing macroeconomic pressures, and investor confidence is waning.

**Top Gainers in Pre-market US Stocks**

Sadot is up 57.06% in pre-market trading. Based on recent key news:

1.  On August 21, Sadot Group's stock price surged significantly on Friday afternoon. According to data from Benzinga Pro, Sadot Group's stock price rose by 64.57%, reaching $13.89. The sudden increase in buying volume, due to a decrease in the number of tradable shares, triggered significant volatility in the stock price. Trading volume surged, and market volatility was notable.

Picard Medical is up 40.77% in pre-market trading, with no significant news recently. Trading is active, and capital flows are evident. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation.

Reitar Logtech is up 35.34% in pre-market trading. Based on recent key news:

1.  On August 21, Reitar Logtech Holdings Limited announced that its board approved a share repurchase plan, allowing the company to repurchase up to $3 million of Class A common stock. This news boosted market confidence, driving the stock price up.

2.  On August 21, Reitar Logtech Holdings Limited released relevant announcements on the EDGAR system, further confirming the details of the repurchase plan and enhancing investor confidence.

3.  On August 21, Reitar Logtech Holdings Limited continues to focus on smart logistics and automated warehousing, driving technology-driven value creation and enhancing market expectations for its future growth potential. Technological innovation in the logistics industry is driving up stock prices

### Related Stocks

- [CRDO.US](https://longbridge.com/en/quote/CRDO.US.md)
- [SDOT.US](https://longbridge.com/en/quote/SDOT.US.md)
- [PMI.US](https://longbridge.com/en/quote/PMI.US.md)
- [RITR.US](https://longbridge.com/en/quote/RITR.US.md)

## Related News & Research

- [Credo Technology Group announces annual general meeting](https://longbridge.com/en/news/297040246.md)
- [Credissential Announces Shares Consolidation | IPTNF Stock News](https://longbridge.com/en/news/284657453.md)
- [7,351 Shares in Credo Technology Group Holding Ltd. $CRDO Bought by SlateStone Wealth LLC](https://longbridge.com/en/news/288928631.md)
- [Sanctuary Advisors LLC Acquires 32,988 Shares of Credo Technology Group Holding Ltd. $CRDO](https://longbridge.com/en/news/293118068.md)
- [OMERS ADMINISTRATION Corp Grows Position in Credo Technology Group Holding Ltd. $CRDO](https://longbridge.com/en/news/294333240.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**