Applied Optoelectronics, Inc. (AAOI) shares gained 3.84% to $64.90 by 10:58 a.m. ET Tuesday, recouping part of Monday’s sharp decline ahead of the company’s scheduled results update.
Stock Analysis data showed the shares closed Monday at $62.50, down 9.49%. Its historical table assigns that decline to Monday, Nov. 2, and credits S&P Global Market Intelligence. The $64.90 figure was an intraday Tuesday quote, while the table’s closing price refers to the completed Monday session.
The company says its optical and HFC networking products serve AI data centers. Applied Optoelectronics said in an Oct. 15 announcement that third-quarter results would be released Nov. 5, followed by a conference call at 4:30 p.m. ET.
