🔴 Applied Opt is trading 5% down today after an insider sale was reported

Applied Opt is trading at $192.73 (-5.0%) in pre-market as the stock gives back some of its recent gains.

• The decline follows a new filing that showed Director Min-Chu Chen sold 8,247 shares on June 4 for approximately $1.66 million.
• The sale comes after a volatile week for the stock, which gained 10.22% on June 4 and dropped 9.04% on June 3, as traders weigh the company's strong AI-related growth prospects against execution risks and insider selling.