• Astera Labs (ALAB) stock rose 12.65% during Tuesday's trading session to close at $361.67, extending a rally that saw shares gain over 40% in the past week.
  • The company reported better-than-expected Q2 2026 earnings of $0.80 adjusted EPS and $392.4 million revenue after market close, along with robust Q3 guidance exceeding analyst estimates.
  • However, in after-hours trading, the stock pulled back 5% to $343.69, attributed to profit-taking following the multi-day run-up.