🔴 Allegro Microsystems is trading 11% down today as technology weakness may add pressure

Allegro Microsystems is trading at $31.55, down 10.80%; broader technology-market weakness may be adding pressure, though the report does not identify a direct catalyst.

• Fiscal Q2 revenue was $276.9 million, with non-GAAP EPS of $0.26.
• The company forecast next-quarter revenue of $278–$288 million.
• The Nasdaq was down 1.44% in the supplied market context.