Applied Optoelectronics (AAOI) Hits Nearly 8-Year High on Upbeat Outlook, Buy Reco

We recently published 10 Stocks Gaining Double Digits Effortlessly. Applied Optoelectronics Inc. (NASDAQ:AAOI) was one of the best performers on Wednesday. Applied Optoelectronics soared to a nearly eight-year high on Wednesday, as investors took heart from positive coverage from an investment firm with a “buy” recommendation for its stock. At intra-day trading, the stock climbed to its highest price of 46.30beforetrimminggainstoendthedayjustupby20.97percentat46.30 before trimming gains to end the day just up by 20.97 percent at 45.23 apiece. Applied Optoel ...

Applied Optoelectronics (AAOI) Hits Nearly 8-Year High on Upbeat Outlook, Buy Reco - Reportify