Applied Optoelectronics, Inc. is trading roughly flat in after-hours action at $114.50, following a strong regular session where the stock rose 13.6% to close at $113.90. The primary driver for today's rally was the company's announcement that it secured a major $53 million order for 800G single-mode data center transceivers from a hyperscale customer. This significant contract win, combined with broader momentum in the optical communication sector, fueled investor confidence throughout the trading day. There is no new company-specific news released after the market close to account for the marginal 0.5% move in after-hours trading.
Click any event to see why AAOI moved that day
No significant catalyst events detected.