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Jp 6707 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chip Maker Allegro s Big Investor Sells $189 Million in Stock

The sale reduced One Equity's stake from 9.2% of Allegro's shares, to 6.6%. One Equity sold a similar amount of stock in February.

Allegro microsystemsOne equity partnersSanken electricZone equityBill alpertArticle normalTrusts funds financial vehiclesPrivate equityAlternative investmentsFinancial servicesInvesting securitiesCorporate industrial news6707 toJp 6707Industrial newsFinancial vehicles

This Specialty Chip Stock Has Strong Earnings and Fat Margins That Stirred Suspicions

Allegro MicroSystems’ stock soared until questions about the company’s ties with its former parent and a related chip fab attracted the shorts.

United statesDerek dantilioPolar semiconductor in sankenTaiwan semiconductor manufacturingWall streetAllegro microsystemsNew england basedSanken electricChief financial officer derekPolar semiconductorOne equity partnersZone equityUnited microelectronicsBill alpertArticle normalNon metallic mineral mining quarrying

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