🟢 Allegro Microsystems is trading 4.3% up in after-hours trading as SK Hynix results support chip rebound

Allegro Microsystems is trading 4.30% higher at $36.89, supported by a semiconductor-sector rebound after SK Hynix reported strong results.

• Allegro Microsystems gained 4.09% in the October 28 regular session; the Nasdaq fell 2.14%.
• Investors were reportedly positioning ahead of Allegro Microsystems’ fiscal Q2 2027 results, scheduled for 8:30 a.m. EDT on October 29, before the market opens.
• No after-hours company-specific earnings result was reported in sources reviewed.