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Why Applied Optoelectronics Shares Are Trading Higher By Over 20%; Here Are 20 Stocks Moving Premarket
Applied Optoelectronics Inc (NASDAQ: AAOI) surged over 20% in pre-market trading after reporting stronger-than-expected fourth-quarter financial results and providing optimistic first-quarter sales guidance. The company’s quarterly loss of 1 cent per share beat analyst estimates of 11 cents, and sales reached $134.274 million, exceeding the $134.120 million consensus. This article also details the pre-market movements of 19 other stocks, highlighting both gainers and losers based on recent news and financial reports.