Astera Labs Leads IPO Market Comeback in 2024
• Astera Labs is an AI tech company that went public on March 20 for $36 per share
• Its stock price surged over 70% upon debut and hit a new high of nearly $87 recently
• Astera's success signals an IPO market comeback after slow years in 2022 and 2023
• So far in 2024, number of IPOs is up over 20% compared to last year
• After Reddit and Astera Labs, experts anticipate more companies will file to go public