Applied Optoelectronics Shares Rise Ahead of Upcoming Earnings Report
Applied Optoelectronics (AAOI) shares surged 17.74% as investors anticipated its first-quarter earnings report. The company expects revenue growth of 50% to 65% year-over-year but anticipates a net loss, though narrower than the previous year. The stock's performance reflects investor optimism ahead of the earnings release.
Tickers: $AAOI
Topics: company expansion earnings expectations stock price movement