Allegro MicroSystems, Inc. (ALGM) Outperforms Broader Market: What You Need to Know
Allegro MicroSystems(ALGM) Zacks Investment Research·2024-04-03 22:51
In the latest market close, Allegro MicroSystems, Inc. (ALGM) reached $25.74, with a +0.23% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.11% for the day. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.23%.Heading into today, shares of the company had lost 12.71% over the past month, lagging the Computer and Technology sector's gain of 1.54% and the S&P 500's gain of 1.5% in that time.Analysts and investors alike will be keeping a clo ...