Why Is Astera Labs (ALAB) Stock Trending Overnight?

benzinga_article
2026.05.20 05:23
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Astera Labs (NASDAQ:ALAB) stock surged 13.30% to $244.26 after insider sale filings revealed proposed sales worth over $60 million. The filings included a sale of 200,000 shares valued at approximately $43.1 million. The company, which specializes in AI infrastructure connectivity solutions, has a market cap of about $41.87 billion and is nearing its 52-week high of $262.90.