Allegro MicroSystems (ALGM) IPO Opens 39% Higher

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Go back to Allegro MicroSystems (ALGM) IPO Opens 39% Higher

Allegro MicroSystems, Inc. (ALGM) Prices 25M Share IPO at $14/Sh

October 29, 2020 6:00 AM EDT

Allegro MicroSystems, Inc. (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today the pricing of its initial public offering of 25,000,000 shares of its common stock at a price to the public of $14.00 per share. The shares are expected to... More