Why Applied Optoelectronics Stock Is Rising Today
Applied Optoelectronics (NASDAQ: AAOI) stock has been managing to move higher in Wednesday's trading despite a bearish backdrop for the broader market. The company's share price was up 7.6% as of 2:45 p.m. ET. Meanwhile, the S 500 was down 1.2%, and the Nasdaq Composite was down 1.6%.
Applied Optoelectronics stock was hit with a big sell-off yesterday, but it's rebounding in today's session. Despite recent volatility, the stock is up roughly 405% in 2026.
Image source: Getty Images.
Source Fool.com
