🔴 ALA is trading 14.8% down today after renewed AI-safety concerns triggered broad tech selling

ALA is trading 14.8% down at $8.60 after renewed AI-safety concerns triggered broad selling across technology and semiconductor stocks.

• Nasdaq futures fell 1.54%, while chipmakers including AMD and Intel also declined sharply.
• The selling weighed on ALA’s 2x daily exposure to Astera Labs.
• The broader market remains risk-off, with the Nasdaq Composite down 0.65% and S&P 500 down 0.44%.