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Why Applied Optoelectronics, Inc. Stock Rose 14% Higher Today [The Motley Fool]

APPLIED OPTOELECTRONICS (AAOI)  More Company Research Source: The Motley Fool
Last applied optoelectronics earnings: 5/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ao-inc.com/investor-relations
PDF An analyst left the optical networking specialist's investor presentation convinced that AOI is returning to higher shipping volumes in the second half of 2018. Anders Bylund ( TMFZahrim ) May 31, 2018 at 3:24PM What happened Shares of Applied Optoelectronics ( NASDAQ:AAOI ) are on the rise today thanks to a bullish analyst note. The maker of optical networking components and modules saw its stock price jump as much as 14% higher, backing down to a 13.1% gain as of 2:50 p.m. EDT. So what Analyst firm DA Davidson reiterated its buy rating and $50 price target on AOI shares today. Analyst Mark Kelleher had attended an investor conference where CFO Stefan Murry gave a presentation, and Kelleher left that event impressed with AOI's competitive advantages. Image source: Getty Images. Now what Murry said that AOI hopes to double its [Read more]

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