Why Applied Optoelectronics Stock Plummeted This Week
"In hindsight, the signs were there. They always are."
Worry that tech giants may slow spending on optical hardware sent Applied Optoelectronics (AAOI -7.50%) down 23.6% this week, extending a drop that leaves shares down 64.2% (as of the close on Thursday, Oct. 15) from their 52-week high. Applied Optoelectronics stock changed hand...