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Why Applied Optoelectronics Stock Is Rising Today

TheMotleyFool

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Why Applied Optoelectronics Stock Is Rising Today: https://g.foolcdn.com/editorial/images/873885/tracking-trends-data-stock-market.jpg

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

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