Investors Land ALGM Even Cheaper Than Its Secondary Stock Offering
July 26, 2024 at 19:11 PM EDT
Looking back to 2 days ago, Allegro MicroSystems Inc (ALGM) priced a 25,000,000 share secondary stock offering at $24.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..