🟢 Trading--Leveraged Equity ETF (AAOG) is trading 11.2% up today on AAOI’s Q2 revenue surge

AAOG is trading at $5.02, up 11.24% on follow-through from Applied Optoelectronics’ August 6 earnings release.

• AAOG is designed to deliver 2x the daily performance of Applied Optoelectronics (AAOI).
• AAOI’s Q2 revenue surged 86% year over year to $191.9 million, while adjusted earnings returned to profitability; Q3 revenue is projected at $255 million-$290 million.
• Enthusiasm centers on AI-data-center optical demand; broader markets are slightly weaker, so the gain is primarily single-stock and sector-specific rather than macro-driven.