AAOG is trading at $3.31 (-3.50%) as AAOI volatility remains the immediate driver.
- Weaker U.S. futures and renewed Treasury-yield pressure are weighing on technology shares; futures were mixed-to-lower as longer-term yields rebounded after Wednesday’s rally.
- The Treasury’s expanded long-bond buyback plan initially supported risk assets, but the overnight yield reversal and AAOI weakness appear to have overwhelmed that relief.
- AAOG targets 2x the daily performance of AAOI, amplifying the move.