Streetbeat News

AAOI

Applied Optoelectronics, Inc.

Industry

Semiconductors

Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, subassemblies, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to internet data center operators, cable television and telecom equipment manufacturers, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.

Open

19.50

Mkt cap

1.1B

Volume

16M

High

27.80

P/E Ratio

-14.55

52-wk high

27.80

Low

18.63

Div yield

N/A

52-wk low

6.70

Several US stocks traded lower on Thursday, with AMC Entertainment Holdings, Petco Health and Wellness Company, Spirit AeroSystems Holdings, Opera Limited, C3.ai, IonQ, Fulcrum Therapeutics, Zuora, Dollar Tree, Bitfarms, TuSimple Holdings, Tilray Brands, Canoo, Burlington Stores, Applied Optoelectronics, Nikola Corporation, Roku, Lavoro Limited, Snowflake, and Marvell Technology all recording losses. Factors contributing to the decline include mixed quarterly results, lowered sales guidance, and quality issues.

Portfolio Pulse from Lisa Levin

August 24, 2023 | 3:18 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Among the gainers were China SXT Pharmaceuticals, Timber Pharmaceuticals, and MediaCo Holding, while the losers included AgileThought, Napco Security Technologies, and Super League Gaming. The article also mentions that Palo Alto Networks rose after reporting better-than-expected Q4 earnings and a strong billings outlook, and that Moderna rose after announcing that preliminary clinical trial data confirmed its updated COVID-19 vaccine showed a significant boost in neutralizing antibodies against certain variants.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 6:36 pm

The article reports on significant options activity in the Information Technology sector. Ten companies are highlighted: AAPL, AMD, NVDA, MU, AAOI, PANW, MRVL, MSFT, ENPH, and INTC. The options activity is a mix of bullish and bearish sentiments, with the majority being bullish. The article provides detailed information about the options, including the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:35 pm

During Monday's intraday session, several information technology stocks experienced significant movements. CVD Equipment, My Size, Applied Optoelectronics, Palo Alto Networks, Gorilla Tech Gr, and AppFolio saw their stocks rise, with increases ranging from 12.64% to 28.4%. On the other hand, NAPCO Security Techs, AgileThought, ComSovereign Holding, Sigma Additive Solutions, Semantix, and CI&T saw their stocks decline, with decreases ranging from 13.05% to 45.1%.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:31 pm

Applied Optoelectronics' President and CEO, Lin Chih-Hsiang, has purchased 20,000 shares of the company at an average price of $12.38 per share, according to a Form4 filing. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:46 pm

Several stocks recorded gains on Monday, including Genelux Corporation, Applied Optoelectronics, AlloVir, Earthstone Energy, Palo Alto Networks, Archer Aviation, XPeng, Eos Energy Enterprises, BioNTech, and Moderna. Notable events include Earthstone Energy's acquisition by Permian Resources, Palo Alto Networks' strong Q4 earnings, XPeng's upgrade from Neutral to Buy by B of A Securities, and Moderna's announcement of positive preliminary clinical trial data for its updated COVID-19 vaccine.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 3:08 pm

Applied Optoelectronics' President and CEO, Lin Chih-Hsiang (Thompson), has purchased 20,000 shares of the company at an average price of $12.38 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 8:19 pm

The article lists the stocks that have gained and lost in Wednesday's mid-day session. Notable gainers include Novo Integrated Sciences, Akumin, and Green Giant, which reported positive financial results or updates. On the other hand, Sacks Parente Golf, RVL Pharmaceuticals, and Coherent Corp. were among the biggest losers, with factors such as IPO pricing and disappointing financial results contributing to their decline. Tower Semiconductor's shares fell by 8.2% after the company and Intel mutually agreed to terminate their takeover pending regulatory approval.

Portfolio Pulse from Lisa Levin

August 16, 2023 | 5:02 pm

Shares of several companies in the broader tech sector are trading higher amid strength in the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 6:35 pm

Several US stocks recorded gains on Monday, with TMC the metals company Inc., United States Steel Corporation, SoundHound AI, Inc., Consolidated Water Co. Ltd., Summit Therapeutics Inc., monday.com Ltd., AMC Entertainment Hldg Pref Equity Units, Karat Packaging Inc., Archer Aviation Inc., FiscalNote Holdings, Inc., DMC Global Inc., Algoma Steel Group Inc., 2U, Inc., Applied Optoelectronics, Inc., Cleveland-Cliffs Inc., and Micron Technology, Inc. all seeing significant increases. Notably, United States Steel rejected a buyout offer from Cleveland-Cliffs but welcomed them to participate in a formal review process.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 3:04 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.