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 Stock Surged on Monday

TheMotleyFool

0 0

Why Astera Labs Stock Surged on Monday: https://g.foolcdn.com/editorial/images/855558/person-in-a-white-lab-coat-working-with-a-circuit-board.jpg

Semiconductor stock Astera Labs (NASDAQ: ALAB) notched a nearly 10% price gain on Monday, the day before it's slated to publish its latest earnings release. Optimism about the numbers the company will post, plus news of expansion abroad, helped drive that near-double-digit lift.

That morning, California-based Astera announced that it had opened an advanced research and development (R) center in Israel.

Image source: Getty Images.

Source Fool.com