B. Riley Securities slashes price target on Applied Optoelectronics Inc [AAOI] – find out why.
Applied Optoelectronics Inc [NASDAQ: AAOI] gained 6.48% or 0.71 points to close at $11.66 with a heavy trading volume of 4686412 shares. The daily chart for AAOI points out that the company has recorded -37.21% loss over the past six months. If we look at