AAOG is trading 4.7% up today, reflecting its 2x leveraged exposure to Applied Optoelectronics (AAOI) as U.S. tech stocks recover from a recent semiconductor and AI-driven selloff.
- The move aligns with a broader risk-on shift in the market following strong mega-cap tech earnings and cooling inflation data.
- Stabilizing sentiment toward higher-beta, AI-related names has lifted the Nasdaq and provided a boost to leveraged instruments tied to the tech sector.