Applied Optoelectronics (AAOI) Falls 12.5% After 8-Year High

We recently published 10 Stock Titans With Massive Losses. Applied Optoelectronics Inc. (NASDAQ:AAOI) was one of the worst performers on Thursday. Applied Optoelectronics declined by 12.51 percent on Thursday to finish at 39.57apieceasinvestorsresortedtoprofittakingfollowingthepreviousdayssurgetoanearlyeightyearhigh.Afterhittingitshighestpriceof39.57 apiece as investors resorted to profit-taking following the previous day’s surge to a nearly eight-year high. After hitting its highest price of 46.30 in the previous trading day, Applied Optoelectronics Inc. (NASDAQ:AAOI) has already seen its stock jump by 33 percent in January ...

Applied Optoelectronics (AAOI) Falls 12.5% After 8-Year High - Reportify