Allegro MicroSystems, Inc. (ALGM) Exceeds Market Returns: Some Facts to Consider

Allegro MicroSystems, Inc. (ALGM) closed at $27.78 in the latest trading session, marking a +1.02% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.63%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.82%.The company's shares have seen a decrease of 11.72% over the last month, not keeping up with the Computer and Technology sector's gain of 1.16% and the S&P 500's gain of 1.76%.The upcoming earnings release of ...