AAOG is trading at $3.75, down -6.25%, reflecting its 2x daily exposure to Applied Optoelectronics (AAOI) after profit-taking following AAOI’s recent AI-driven rally.
- Renewed concerns about elevated growth-stock valuations are adding pressure.
- Higher Treasury yields, oil above $90 amid Middle East tensions, and caution ahead of the Federal Reserve minutes are weighing on markets.
- Nasdaq weakness and semiconductor selling are amplifying AAOG’s leveraged decline.