Allegro Microsystems is trading 4.03% down at $36.80 after broad semiconductor weakness and renewed pressure from rising Treasury yields.

  • Chips and semiconductors are down 2.50%; the S&P 500, Nasdaq, and Dow are also lower.
  • No company-specific announcement, earnings release, or analyst action was identified on August 20, 2026.
  • The move appears driven by sector-wide risk reduction and macroeconomic concerns, including elevated yields and geopolitical tensions.