NPTN - Applied Optoelectronics: Tariff Narrative Is Overblown And The Stock Is Undervalued
Wild Pricing Swings Driven By a Few Factors
Applied Optoelectronics' (AAOI) stock trades with extreme volatility and wild pricing swings. The stock has at times been the highest shorted name in the entire stock market and subject to intense selling pressures that saw it collapse 75% from its all-time high around $100 per share. The stock price bottomed in early April and rose over ~$50 per share, which is a ~100% gain from the lows experienced earlier in the year.
A combination of factors has caused the stock to drop nearly 25% in