Better-Than-Expected Results and Increased Guidance Lifted Astera Labs (ALAB) in Q3 [Yahoo! Finance]
Astera Labs, Inc. (ALAB)
Company Research
Source: Yahoo! Finance
A copy of the letter can be downloaded here . The letter highlighted the market outlook and top-performing and underperforming stocks. Equity markets continued their upward rally in the third quarter, with the S&P 500 Index up 8.12%. A confluence of improved economic conditions, strong corporate earnings, and anticipation of monetary easing drove the strong performance of the market in the quarter. The Class A shares of the fund outperformed the Russell Midcap Growth Index in the quarter. In addition, please check the fund's top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Alger Mid Cap Growth Fund highlighted stocks such as Astera Labs, Inc. (NASDAQ: ALAB ). Astera Labs, Inc. (NASDAQ:ALAB) engages in the manufacturing of semiconductor-based connectivity solutions for cloud and AI infrastructure. The one-month return of Astera Labs, Inc. (NASDAQ:ALAB) was -3.52%, and its shares have appreciated by 78.31% over the past 52 weeks. On November
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ALAB
News
- Astera Labs (ALAB) Declines 13% on Profit-Taking [Yahoo! Finance]Yahoo! Finance
- Latest News In AI Chips - Expanding AI Infrastructure Connectivity With Astera Labs Developments [Yahoo! Finance]Yahoo! Finance
- Astera Labs (NASDAQ:ALAB) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Astera Labs (NASDAQ:ALAB) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- Astera Labs Expands Connectivity Portfolio with Custom SolutionsGlobeNewswire
ALAB
Earnings
- 11/4/25 - Beat
ALAB
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- ALAB's page on the SEC website