Previous close | 2.0100 |
Open | 2.4800 |
Bid | 2.4000 |
Ask | 2.5000 |
Strike | 30.00 |
Expiry date | 2024-08-16 |
Day's range | 2.3500 - 2.4800 |
Contract range | N/A |
Volume | |
Open interest | 1.06k |
On May 30, 2024, Richard Lury, Director at Allegro Microsystems Inc (NASDAQ:ALGM), executed a sale of 8,500 shares of the company.
Knowing when to sell stocks for gains is critical to investors. When your stock punctures the 10-week moving average in enormous volume, the weekly chart is essentially screaming, "This stock is changing in character!" A big reversal of gains after breaking out of a late-stage base and falling 7% below the latest buy point?
Earnings results often indicate what direction a company will take in the months ahead. With Q1 now behind us, let’s have a look at Allegro MicroSystems (NASDAQ:ALGM) and its peers.