AAOG is trading at $4.75 in pre-market, up 7.95% from the August 11 close, with the immediate catalyst appearing tied to continued strength in its underlying semiconductor exposure.
- Applied Optoelectronics reported $191.92 million in second-quarter revenue and $0.06 adjusted EPS, beating expectations.
- Broader technology futures are higher ahead of the August 12 CPI release, supporting risk appetite.
- Elevated oil prices and Middle East tensions could increase volatility.