Why Astera Labs Stock Is Sinking This Week

Astera Labs (ALAB -2.33%) stock is seeing a substantial valuation pullback in this week's trading. The semiconductor company's share price was down 15.4% from last week's market close as of 10 a.m. ET, according to data from S&P Global Market Intelligence.Astera Labs published its fourth-quarter results after the market closed on Monday and actually reported sales and earnings for the period that beat Wall Street's expectations. But despite topping sales and earnings expectations, the stock sold off because ...