Applied Optoelectronics (AAOI) saw its stock price soar 5.21% during intraday trading on Monday, reflecting strong investor interest in the optical components sector.
The surge appears to be part of a broader rally among optical stocks, which were highlighted as shining in pre-market trading. Several peers in the sector, including Corning and POET, posted gains of over 3%, while others like Astera Labs, Marvell Technology, and Fabrinet were up around 2%.