Why Is Astera Labs, Inc. (ALAB) Down 16.2% Since Last Earnings Report?

It has been about a month since the last earnings report for Astera Labs, Inc. (ALAB) . Shares have lost about 16.2% in that time frame, underperforming the S&P 500.But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Astera Labs, Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.Ast ...