Astera Labs, Inc. is trading 5.8% up today at $388.56, extending last week’s sharp gains as investors react to its upcoming inclusion in the Nasdaq-100 index.
- The inclusion, scheduled for June 22, is significantly boosting demand from institutional investors and index-linked funds.
- The stock is also benefiting from a broader tech-led market rally, with investor sentiment strongly favoring high-growth AI infrastructure names.