Streetbeat News

ALAB

Astera Labs Inc.

Industry

Semiconductor and Related Device Manufacturing

Open

67.78

Mkt cap

12B

Volume

3.7M

High

72.43

P/E Ratio

-112.78

52-wk high

147.39

Low

67.50

Div yield

N/A

52-wk low

36.22

Semiconductor stocks are experiencing an uptick in their trading values after Qualcomm reported strong quarterly results. This positive performance by Qualcomm is seen as a bullish signal for the semiconductor industry, potentially indicating robust demand and operational strength within the sector.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 6:26 pm

Semiconductor stocks are trading lower following disappointing quarterly earnings reports from AMD and Supermicro, and Skyworks' Q3 revenue guidance falling short of estimates. This trend impacts a broad range of semiconductor companies.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:10 am

Starbucks Corporation reported disappointing Q2 earnings, leading to a 12.1% drop in pre-market trading. Other companies like CVRx Inc, Leggett & Platt, Skyworks Solutions, Super Micro Computer, and several more also experienced significant pre-market losses due to various negative financial updates.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 9:57 am

Deutsche Bank and several other stocks experienced declines in Monday's pre-market session. Deutsche Bank's shares fell 7.4% due to potential €1.3 billion litigation costs. Other stocks like Allego N.V., Daqo New Energy Corp, and Summit Hotel Properties also saw significant drops, attributed to various factors including missed earnings estimates and analyst downgrades.

Portfolio Pulse from Avi Kapoor

April 29, 2024 | 12:31 pm

Semiconductor and chip stocks, including LRCX, MPWR, MRVL, and MU, are experiencing an uptick in their share prices following Microsoft's strong earnings report, potentially due to increased optimism around AI technologies.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 5:31 pm

Astera Labs' stock price is on the rise as AI and semiconductor-related stocks recover from a decline experienced on Friday.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 5:22 pm

Astera Labs' stock is trading lower, potentially due to ongoing volatility following its recent Initial Public Offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:17 pm

Astera Labs' stock price increased following Evercore ISI Group's initiation of coverage with an Outperform rating and a $100 price target.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:14 pm

Evercore ISI Group analyst Mark Lipacis initiates coverage on Astera Labs (NASDAQ:ALAB) with an Outperform rating and a price target of $100.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 9:24 am

Today's session highlighted significant options activity in the Information Technology sector, with notable movements in stocks like AMD, NVDA, CRM, BILL, MU, SMCI, SNOW, ALAB, AMAT, and WDC. The activity ranged from bullish to neutral and bearish sentiments, involving both call and put options with various expiration dates and strike prices. This could indicate traders' expectations for these stocks' future movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:35 pm

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