Applied Optoelectronics (AAOI) Stock Jumps 18.9%: Will It Continue to Soar?

Applied Optoelectronics (AAOI) shares ended the last trading session 18.9% higher at $113.9. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 77.5% gain over the past four weeks.Applied Optoelectronics is benefiting from strong demand for its CATV and data center products, particularly 400G and 800G solutions.This maker of fiber optic products used by cable TV providers is expected to post quarterly loss of $0.05 pe ...