Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Astera Labs Is Sinking Today

TheMotleyFool

0 0

Astera Labs (NASDAQ: ALAB) is heading lower Wednesday following the company's first-quarter earnings report yesterday. The connectivity tech specialist's share price was down 4.7% as of 12:20 p.m. ET. The stock had been down as much as 11.2% earlier in the day.

Astera published its Q1 results after the market closed yesterday and reported sales and earnings that topped Wall Street's expectations. On the other hand, it looks like investors weren't satisfied with the company's forward guidance.

Image source: Getty Images.

Source Fool.com

Like: 0

ALAB

Share