Applied Optoelectronics Is Down 60%. Is the Selloff a Buying Opportunity?
Applied Optoelectronics Inc. (NASDAQ:AAOI) has had a rough few days. Shares fell about 14% on October 8, about 7% on October 12, and another 9% to 12% on October 14, to the high $80s. The selloff hit the whole optical group, starting with profit-taking after big gains, and deepened on warnings from Intel and Broadcom […]
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