Astera Labs stock price jumps 4% — tariffs and earnings set up the next test
Astera Labs shares rose 4.3% to $182 Friday, trading between $177.67 and $187.98 on 5.4 million shares. U.S. markets will be closed Monday for Martin Luther King Jr. Day. Nasdaq futures fell 1.1% after President Trump announced new tariffs on goods from eight European countries. Astera Labs will report fourth-quarter results on Feb. 10.