ALAB is trading at $145.12 (+3.48%), rebounding strongly and aligning with broader market gains after cooler-than-expected 2.7% CPI data eased inflation fears.
- The move follows a 3.24% drop yesterday, where the stock closed at $140.24.
- The rebound is supported by the general market rally, with the S&P 500 up 0.95% and the NASDAQ up 1.35%.
- This tech rebound follows prior pressures from the recent AI sector sell-off.