Astera Labs Leapt +21%

New 52-Week Highs led New Lows — 160 vs. 16.

March 25, 2024

Happy Monday!

The major indices were muted. Energy advanced +0.93%. Tech and industrials tumbled -0.60%.

New 52-Week Highs led New Lows — 160 vs. 16.

The Best of the Best

Astera Labs ($ALAB) is the best of the best. The new issue semiconductor company carried +21.43% and closed at an all-time high.

The stock is up +61.72% since last Wednesday.

Here’s the 15-min chart.

$ALAB has 857 followers on Stocktwits.

Constellation Energy ($CEG) is a notable new high. The clean energy company advanced +5.06% and closed at an all-time high.

$CEG popped +16.92% after it crushed Q4 earnings on February 27th.

Here’s the daily chart.

And weekly chart.

$CEG has 830 followers on Stocktwits.

Atmus Filtration Technologies ($ATMU) is a notable new high. The aftermarket auto parts manufacturer marched +4% and closed at an all-time high. $ATMU is up 31.5% YTD.

Here’s the daily chart.

And weekly chart.

$ATMU has 129 followers on Stocktwits.

The Worst of the Worst

Chewy ($CHWY) is the worst of the worst. The online pet provisions provider plunged -7.22% and closed at an all-time low.

Here’s the daily chart.

And weak weekly chart.

$CHWY has 25,479 followers on Stocktwits.

JinkoSolar ($JKS) is a notable new low. The Chinese solar stock stumbled another -1.16%.

Here’s the daily chart.

And monthly chart.

$JKS has 10,725 followers on Stocktwits.

Guardant Health ($GH) is a notable new low. The oncology company dipped -0.70% and closed at an all-time low. $GH is down -38.27% since its 2018 IPO.

Here’s the disastrous daily chart.