Applied Optoelectronics Stock Is Soaring Monday: What's Driving The Action?

Applied Optoelectronics Inc (NASDAQ:AAOI) shares are surging on Monday following last week's strong earnings report that exceeded expectations. Here’s what investors need to know.Applied Optoelectronics stock is approaching key resistance levels. Why did AAOI hit a new high?Applied Optoelectronics Beats Estimates With Record RevenueManagement indicated broad-based strength across its CATV and datacenter businesses, projecting first-quarter revenue between $150 million and $165 million, which is above analys ...