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Astera boosted the size and price of its IPO on Monday: The company offered 19.8 million shares at $32 to $34, up from the 17.8 million shares it had planned to sell at $27 to $30. Such increases ...
By Arasu Kannagi Basil (Reuters) -Astera Labs said on Friday it was targeting a valuation of up to $4.51 billion in its U.S. initial public offering, as the chip firm looks to list amid a wave of ...
The IPO market picked up in 2024, with 210 companies going public this year. ... Return since IPO: 227%. Astera Labs. Business Insider. Ticker: ALAB IPO Date: March 20 Return since IPO: 239%.
(Reuters) -Chipmaker Astera Labs revealed its loss narrowed in 2023 in its filing to go public in the United States, at a time when the markets have strongly rallied behind companies powering the ...
Astera’s stock rose 72% during its March debut and then clinched a closing high of $85.70 in April. Shares have since fallen some, ending Friday at $59.01. Astera Labs has a $9.2 billion market cap.
Yesterday, Reddit debuted on the New York Stock Exchange and the social media company’s shares ultimately closed almost 50% up. We just might be off to the IPO races.
Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. ... company Astera Labs made its ...
The highly anticipated listing comes just a day after AI chipmaker Astera Labs saw its shares jump 72% in its first day of trading (and another 20% in midday trading on Thursday), making it the ...