AAOG is trading at $4.37, up 13.8% today, following a sharp rebound in its underlying asset, Applied Optoelectronics (AAOI), after a period of recent volatility.
- The gains are amplified by AAOG’s 2x leveraged structure as risk appetite recovers across the technology sector.
- Broader tech sentiment has stabilized relative to the semiconductor-driven selloff on July 13, providing a significant tailwind for both AAOI and its leveraged counterpart.