Why Applied Optoelectronics Stock Skyrocketed Today
Applied Optoelectronics (AAOI 18.77%) stock soared higher again in Friday's trading. The tech specialist's share price rose 18.6% in the daily session despite a 0.2% decline for the S&P 500 (^GSPC -0.22%) and a 0.5% fall for the Nasdaq Composite (^IXIC -0.51%).Applied Optoelectronics' valuation surged today thanks to news that one of the company's subsidiaries had reworked previously existing debt agreements. The stock climbed roughly 39% over the last week of trading. Applied Optoelectronics stock soars o ...