Applied Optoelectronics Soars 23%: Impressive Trajectory, Says Craig-Hallum

Tech Trader Daily
By Tiernan RayFeb 24, 2017, 6:52 pm250 pts
Quite a contrast today in the world of fiber optics, as shares of Acacia Communications (ACIA) sold off by 15% after the company yesterday afternoon beat Q4 revenue and profit expectations, but forecast this quarter’s revenue well below consensus, while shares of Applied Optoelectronics (AAOI) soared by…

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