ALA is trading 3.22% lower at $16.31 after-hours as Astera Labs fell after Zacks Research downgraded it from Strong Buy to Hold. - ALA tracks 2x daily exposure to Astera Labs. - The downgrade followed the previous session’s sharp rally; profit-taking and broader pressure on technology shares also weighed. - Modest index declines and reported semiconductor weakness added sector pressure. No ALA-specific late-breaking announcement was found.