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AI-Linked Shares Fall as Applied Optoelectronics Drops 13.7% in Early Trading

Strategy fell 8.28%, the largest loss among four listed crypto-linked companies in the same snapshot.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan during morning trading. / EconoTimes.ai
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan during morning trading. / EconoTimes.ai

In an early-session snapshot on Nov. 6, Applied Optoelectronics was down 13.7%, compared with declines ranging from 2.05% to 5.91% for the six other AI-related shares. That was the steepest decline in the seven-stock group.

Of the six other AI-related stocks, Nvidia slipped 2.05%, SK Hynix fell 2.38% and Oracle was down 2.63%. Marvell Technology lost 4.03%, Sandisk declined 5.11% and Micron Technology fell 5.91%.

Shares of four listed crypto-linked firms also fell. Circle declined 6.96%, Bitdeer was down 7.15%, Coinbase lost 8.10% and Strategy fell 8.28%. The snapshot captures early-session moves and lists no closing prices.

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