As of the time of publication, the stock has risen more than 8%, trading at $105.665.
According to the Securities Times app, on Thursday, the semiconductor company Astera Labs (ALAB.US) saw its stock price rise. As of the time of publication, the stock has risen more than 8%, trading at $105.665. Prior to this, Citigroup initiated coverage of the stock, giving it a 'buy' rating with a target price of $120.