Applied Optoelectronics stock surged 18.6% due to debt agreement restructuring, potential turnaround indicated
From Nasdaq: 2025-06-20 18:14:00
Applied Optoelectronics (NASDAQ: AAOI) stock surged 18.6% in Friday’s trading, outperforming the S&P 500 and Nasdaq Composite. This increase follows news of debt agreement restructuring by one of the company’s subsidiaries, leading to a 39% climb over the past week.
After the market closed on Wednesday, Applied Optoelectronics announced significant financing changes for its Global Technology subsidiary, including a one-year credit agreement totaling $111.55 million. Despite a 36% year-to-date decrease in stock value, recent high-speed data center transceiver shipments and AI initiatives suggest a potential turnaround for the company.
Read more at Nasdaq: Why Applied Optoelectronics Stock Skyrocketed Today