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Applied Optoelectronics (AAOI) Jumps: Stock Gains 7.3%

Applied Optoelectronics, Inc.AAOI was a big mover last session, as the company saw its shares rise above 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session This breaks the recent trend for the company as the stock is now trading above the volatile price range of $30.41 to $33.92 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Applied Optoelectronics currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Applied Optoelectronics, Inc. Price

Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote

Another favorably ranked stock in the Electronics-Semiconductors industry is NVE Corporation NVEC , which also sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here.

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NVE Corporation (NVEC): Free Stock Analysis Report

Applied Optoelectronics, Inc. (AAOI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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