Applied Optoelectronics stock jumps again as AAOI turns into a high-volatility AI optics trade
Applied Optoelectronics shares surged 12.8% to $44.63 Friday, hitting a 52-week high on volume of over 8 million shares. A Form 144 filing this week showed insider David Kuo planned to sell 12,000 shares. Short interest stands at about 18.5% of float. The company recently reported its first volume order for 800G data center transceivers from a major customer.