🔴 AAOG is trading 8.3% down today as it amplifies weakness in AAOI and the optical networking sector

AAOG is trading 8.3% down today as the 2x leveraged ETF amplifies a sharp decline in Applied Optoelectronics (AAOI) shares amid a broader sector selloff.

• The drop reflects continued selling pressure and elevated volatility across the optical networking and components industry.
• As a leveraged instrument, AAOG is magnifying losses for investors as AAOI faces heavy downward momentum.