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Allegro MicroSystems ( (ALGM) ) has issued an announcement.
On January 31, 2025, Allegro MicroSystems appointed Krishna G. Palepu as an independent director to its Board of Directors, effective immediately. Dr. Palepu, a professor at Harvard Business School, brings extensive experience in strategy, governance, and emerging markets, particularly in the technology and semiconductor sectors, which will aid Allegro as it aims for growth in international business.
More about Allegro MicroSystems
Allegro MicroSystems, Inc. is a leader in power and sensing semiconductor solutions, focusing on markets such as automotive, clean energy, and industrial automation. The company has over three decades of expertise and is known for its commitment to quality and innovation in ‘automotive grade’ technology.
YTD Price Performance: 5.61%
Average Trading Volume: 2,148,094
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.43B
For detailed information about ALGM stock, go to TipRanks’ Stock Analysis page.
