Applied Optoelectronics stock jumps 10% into new week as insider sale filing lands — what AAOI traders watch next
Applied Optoelectronics shares surged 10.21% to $43.61 Friday, after a volatile session that saw a peak of $48.31. A regulatory filing showed Chief Legal Officer David C. Kuo sold 12,000 shares on Jan. 28 under a prearranged plan. The stock has gained 22% in five sessions as investors await late-February earnings and updates on high-speed data-center optics. Peers moved less sharply, with AAOI the day’s standout.