Why is $ALGM stock up today?

Allegro MicroSystems, Inc. Common Stock · SEMICONDUCTORS & RELATED DEVICES

Why is $ALGM up today?

The likely driver

Allegro MicroSystems Delivers 48V Power and Precision Sensing Solutions for Next-Generation Advanced Driver Assistance Systems

GlobeNewswire Inc.·9:00 AM ETpositive

The numbers behind the move

Short interest

48.1% of float

Days to cover

3.4d

Float

21.6M · High

Float rotation

0.0x

ALGM: 48.1% of the float is sold short (3.4 days to cover).

Price

$28.59

Move today

+4.8%

Volume vs avg

0.0x

Scanner alerts today

Flagged in 30 days

229

Market cap

$5.0B

Prev close

$27.29

Avg volume

2.8M

Catch the next move like ALGM before the open

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Today’s scanner timeline

9:16 AMBig % mover alert
6:44 AMBig % mover alert
5:45 AMBig % mover alert
4:32 AMBig % mover alert

Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged ALGM today.

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Other stocks moving today

$ARLO -14.9%$HLIO -14.8%$TEAM -14.7%$PLUT -14.6%$GOGO +55.8%$OMH -54.3%$STAK +52.5%$BDSX -52.1%

Each opens that stock’s own why-is-it-moving page.

Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.