< Back to all clusters
[BUSINESS] · 3 sources

started · updated

Credo Technology COO sells $11.3 M stock; DoubleDown short interest drops, AMD gains new institutional investor

Yat Tung Lam, chief operating officer of Credo Technology Group Holding Ltd., sold 50,000 shares for about $11.3 million on July 15, 2026 under a Rule 10b5‑1 plan, while retaining a large stake of over 2.6 million shares.

In related market activity, DoubleDown Interactive Co. reported a sharp decline in short interest, falling 40.4% between mid‑June and the end of June 2024, with short positions dropping to 15,007 shares. Separately, German American Bancorp acquired a new position of 2,663 shares in Advanced Micro Devices, valued at roughly $542,000, adding to the growing institutional ownership of AMD.