Why Is Applied Optoelectronics Stock Surging Tuesday?
Applied Optoelectronics (AAOI) stock surged over 9% after Corning and Verizon's major optical fiber deal boosted the sector.
Stocks · News reference
Shares of fiber optic connectivity companies are trading higher amid sympathy with Corning after that company announced a multi-billion dollar agreement with Verizon for 80M+ miles of high-density optical fiber and connectivity solutions from 2027 to 2032.
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