Allegro MicroSystems Shares Rise After Upgrade From Morgan Stanley

MT Newswires Live

02/14

Allegro MicroSystems (ALGM) shares were up 2.3% in recent trading on Friday after Morgan Stanley upgraded the chipmaker's stock to overweight from equal-weight.

Trading volume stood at nearly 750,000 shares against a daily average of over 2.3 million.

Price: 42.79, Change: +0.96, Percent Change: +2.30

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