Abnormal movement of US stocks | Q2 financial results exceed expectations, Astera Labs (ALAB.US) up over 30%

The Zhixin Finance APP learned that on Wednesday, the share price of Astera Labs (ALAB.US) rose sharply. As of the time of writing, the stock had increased by over 30%, reaching $176.1. On the news front, the company's performance in the second quarter financial report released earlier far exceeded market expectations. Astera Labs reported a non-GAAP diluted earnings per share of $0.44 for the second fiscal quarter ending June 30, a significant increase from $0.13 in the same period last year. This figure far exceeded the analyst consensus of $0.32 as surveyed by FactSet.