ALGM Allegro Microsystems Inc
Company Analysis
Latest News
🔴 ALGM extends move to 5.1% down
ALGM is trading at $57.10, down 5.1% versus the comparison close of $60.16 during pre-market. This is a price-movement alert; no separate company-specific...
🔴 ALGM is trading 4.9% down today amid broader semiconductor pullback and profit-taking
ALGM is trading 4.9% down at $57.24 in pre-market as the semiconductor sector faces a broader pullback following a strong recent run-up. • The decline comes...
🟢 ALGM extends move to 5.1% up
ALGM is trading at $58.27, up 5.1% versus the comparison close of $55.42 during regular trading. This is a price-movement alert; no separate company-specific...
🟢 ALGM is trading 5% up today amid a broader semiconductor sector recovery
ALGM is trading approximately 5% higher at $58.10 amid a broader recovery in semiconductor and AI sentiment following recent sector volatility. • There are no...
🟢 ALGM extends move to 5.5% up
ALGM is trading at $58.46, up 5.5% versus the comparison close of $55.42 during pre-market. This is a price-movement alert; no separate company-specific...
🟢 ALGM is trading 4.6% up today amid a sharp sector-wide semiconductor rebound
ALGM is trading at $57.98 (4.6% up) following a sharp sector-wide rebound in semiconductor and broader tech sentiment. • The move aligns with strong...
🟢 ALGM is trading 5.6% up today following a rebound in broader semiconductor sentiment
ALGM is trading at $58.66 (5.6% up) after a strong rebound from the June 23 close of $55.52. • The move appears consistent with a volatile semiconductor tape...
Allegro Drops 6% After a 16% Five-Day Sprint — Is the Chip Sensor Maker Running Ahead of Its Earnings Power?
Shares of Allegro MicroSystems slid 6.3% to $57.72 on June 23, giving back a chunk of the roughly 16% rally that carried the stock from $53.29 to $61.58 in...
🔴 ALGM is trading 6.3% down today on profit-taking and a broader tech selloff
ALGM is trading 6.3% down today at $57.72 as the stock undergoes profit-taking and normalization following a strong multi-day rally and a recent analyst...
🔴 ALGM is trading 7% down today as investors take profits following a multi-session rally and analyst upgrade
ALGM is trading 7% down at $57.30 in pre-market, giving back part of its recent sharp gains in what appears to be profit-taking and normalization amid a weaker...
🟢 ALGM is trading 4% up today as TD Cowen raises price target to $70.00
• Allegro MicroSystems (ALGM) is trading 4% up at $59.71 today, extending a multi-day rally. • TD Cowen has maintained a Buy rating on ALGM and raised its...