🔴 AAOI is trading 8% down today on profit-taking after hitting record highs

AAOI is trading at $205.37 (-7.95%) as investors lock in gains following a record high of $233.67 on May 13.

• The stock has surged 539% YTD driven by 50% Q1 revenue growth and massive demand for AI data center infrastructure.
• Recent momentum was supported by strong 800G orders and a Rosenblatt analyst upgrade to a $220 price target.
• Today's pullback follows a significant 18.49% jump on May 13, which saw the stock close at $223.10.