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GF Fund Management CO. LTD. Buys New Holdings in Astera Labs, Inc. $ALAB
GF Fund Management CO. LTD. acquired a new position of 68,072 shares in Astera Labs, Inc. (NASDAQ:ALAB) during the third quarter, valued at approximately $13.33 million. This purchase contributes to the 60.47% institutional ownership of Astera Labs. Despite a strong Q4 earnings beat, the stock experienced volatility due to margin headwinds and rising operating expenses flagged by management.