Astera Labs, Inc. is trading 4.2% up today at $390.23, extending a sharp multi-day rebound as investors position for the company's upcoming index inclusion.
- Buying pressure and institutional demand are driving the stock higher ahead of its scheduled addition to the Nasdaq-100 on June 22.
- The move marks a significant recovery from volatility seen earlier in the week, which was characterized by profit-taking and reports of insider selling.