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Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
March 20, 2024, 11:30 p.m. | Rebecca Szkutak
TechCrunch techcrunch.com
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […]
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