Applied Optoelectronics (AAOI) Pulled Back Sharply, Is It Still Above Fair Value?

Applied Optoelectronics (AAOI) has drawn fresh attention after a sharp pullback, with the share price down about 37% over the past month and about 43% over the past 3 months. Short term momentum has clearly faded, with Applied Optoelectronics recording a 7 day share price return of down 14.6% and a 30 day share price return of down 36.6%. However, the year to date share price return is still up 140.6% and the 1 year total shareholder return is up 229.4%. Scan how Applied Optoelectronics...