Applied Optoelectronics (AAOI) stock jumps nearly 18% on Oxford Instruments Texas expansion deal
Applied Optoelectronics Inc shares surged nearly 18% on Wednesday following Oxford Instruments' announcement that it secured a plasma equipment supply deal linked to the U.S. optical components firm's expansion in Texas. By 12:45 p.m. EST, the stock had climbed roughly 17.8% to $44.05, hitting a session high of $44.25.
