- AAOI is trading at $141.04 (-4.03%) today, continuing its recent decline.
- This decline comes despite recent positive company-specific developments, including securing a record equipment order from ClassOne Technology and being selected as the primary vendor for Mediacom's DOCSIS 4.0 upgrade and fiber expansion program.
- Applied Optoelectronics has also commenced volume shipments of 800G modules to a top hyperscale customer, with $124 million in orders secured since mid-March.