About Allegro MicroSystems, Inc. - Common Stock (ALGM)
Allegro Microsystems Inc is a leading provider of advanced semiconductor solutions, specializing in sensor and power management technologies. The company designs and manufactures a wide range of integrated circuits that enable efficient power conversion and precise sensing in various applications, including automotive, industrial, and consumer electronics. Allegro's innovative products contribute to the development of smarter, safer, and more energy-efficient systems, enhancing the performance and functionality of electronic devices. Through its commitment to research and development, the company continually strives to deliver cutting-edge solutions that meet the evolving needs of its customers and the market. Read More
MANCHESTER, N.H., April 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ: ALGM) ("Allegro" or the "Company") today issued the following statement regarding Onsemi’s withdrawal of its unsolicited proposal to acquire Allegro:
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 13.4% in the pre-market session after ON Semiconductor withdrew its proposal to acquire the company. ON Semiconductor added that there was "no actionable path forward."
As the regular session of the US market on Monday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Nvidia (NASDAQ:NVDA) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Intel (NASDAQ:INTC) and the rest of the processors and graphics chips stocks fared in Q4.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Allegro MicroSystems (NASDAQ:ALGM) and the rest of the processors and graphics chips stocks fared in Q4.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how processors and graphics chips stocks fared in Q4, starting with Lattice Semiconductor (NASDAQ:LSCC).
Expensive stocks typically earn their valuations through superior growth rates that other companies simply can’t match.
The flip side though is that these lofty expectations make them particularly susceptible to drawdowns when market sentiment shifts.
Exploring ALLEGRO MICROSYSTEMS INC's Technical Signals and Breakout Potential: A technical analysis of ALLEGRO MICROSYSTEMS INC (NASDAQ:ALGM) shows it may be setting up for a breakout.
In a sliding market, Allegro MicroSystems has defied the odds, trading up to $24.11 per share. Its 7.4% gain since September 2024 has outpaced the S&P 500’s 1.1% drop. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
MANCHESTER, N.H., March 12, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025. Rick will be responsible for leading Allegro's global sales organization and driving revenue growth across automotive and industrial end markets, succeeding Max Glover. Max will transition into an advisory role until his departure on May 16, 2025.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Qorvo (NASDAQ:QRVO) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at SMART (NASDAQ:SGH) and its peers.
