Why Is Astera Labs ( $ALAB ) Stock Down -10.20% Today? (Find out why any stock moved today on Tickeron.) ALAB shares were down roughly 10.20% intraday, trading near $261.52 versus a prior-session close of $291.22. The primary catalyst was a broad risk-off move driven by rising interest rates, which hit long-duration, high-multiple growth stocks especially hard. Secondary pressure came from sector-wide weakness across AI, semiconductor, and optical-connectivity names. $CRDO $RMBS $AMD $VECO $MRVL $AMBA