AAOI is trading at $200.50 (+6.5%) in pre-market, extending gains from a volatile week that included a 24% surge on May 11.

  • Sentiment remains buoyed by recent earnings data highlighting a significant supply-demand gap, with $1.5 billion in demand versus $1.1 billion in revenue guidance.
  • The upward move aligns with broader market strength as NASDAQ futures rise 0.64% amid light economic data and a continued focus on corporate earnings.