AAOG is trading 11.6% up at $3.46 today, largely reflecting a sharp upside in its underlying single-stock position, Applied Optoelectronics (AAOI).
- The move follows recent volatility in the 2x leveraged ETF tied to swings in AAOI and broader technology sector sentiment.
- U.S. indices and tech-related shares are rebounding as investors anticipate major AI and Big Tech earnings reports scheduled for later this week.