Astera Labs, Inc. (ALAB) is trading 4.9% up at $385.50 following the announcement that it will be added to the prestigious Nasdaq-100 Index.

  • The inclusion, which will be effective before the market opens on June 22, 2026, is a significant milestone acknowledging the company's growth and key role in the AI infrastructure sector.
  • This development is expected to enhance the company's visibility and attract more institutional investors, as passive funds and ETFs that track the index will be required to buy the stock.