🟢 Trading-Leveraged Equity ETF (AAOG) is trading 8.87% up in pre-market after Applied Optoelectronics earnings

AAOG is trading at $4.91 (+8.87%), benefiting from continued enthusiasm following Applied Optoelectronics’ August 7 report.

• The report showed record $191.9 million Q2 revenue, a return to adjusted profitability, and $255 million–$290 million Q3 guidance.
• AAOG is effectively concentrated in Applied Optoelectronics exposure, amplifying the underlying stock’s move.
• Nasdaq futures are higher, technology shares are leading pre-market gains, and the weak July payroll report reduced expectations for near-term rate hikes.