Advance Magazine Said to Seek $1.2 Billion in Reddit Share Sale [Yahoo! Finance]
Astera Labs, Inc. (ALAB)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll Advance Magazine Publishers Inc., the arm of the Newhouse family publishing empire that owns Conde Nast, is offering the shares for $145.38 to $148.54 each, the people said. The range would represent a discount of as much as 8% to Reddit's closing price on Thursday of $158.02 each. Reddit shares fell as much as 6.7% in the aftermarket on Thursday, after having climbed 16% during the regular trading day. Details could change and no final decisions have been made, the people said. Representatives for Advance and Reddit didn't immediately respond to requests for comment. The details of the block were first reported on X by The Inner Circle Trading Group. T
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ALAB
News
- Astera Labs, Inc. (NASDAQ: ALAB) had its price target raised by analysts at Morgan Stanley from $94.00 to $142.00. They now have an "overweight" rating on the stock.MarketBeat
- Morgan Stanley Ups Targets for Broadcom, Astera Labs, and Marvell Amid AI Growth Surge [Yahoo! Finance]Yahoo! Finance
- Are Astera Labs, Inc. (NASDAQ:ALAB) Investors Paying Above The Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Nasdaq tops NYSE in listings for 6th straight year as IPO optimism grows [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nasdaq tops NYSE in listings for 6th straight year as IPO optimism grows [Yahoo! Finance]Yahoo! Finance
ALAB
Earnings
- 11/4/24 - Beat
ALAB
Sec Filings
- 12/20/24 - Form 8-K
- 12/13/24 - Form 4
- 12/6/24 - Form 4
- ALAB's page on the SEC website