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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 ...
Yet, despite the strong stock market rally, IPO activity remains below 2020 and 2021 levels. ... Return since IPO: 227%. Astera Labs. Business Insider. Ticker: ALAB IPO Date: March 20
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.
(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 ...
Reddit today made its explosive debut on the New York Stock Exchange, an IPO largely driven by the surge of interest in data for training AI models. ... but AI adoption has allowed Astera Labs to ...
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.
In the wake of Astera Labs’ successful IPO, shares of the social media platform opened at $34 and closed above $50. ... stock market all-time highs—really strong debuts from tech IPOs has been ...