Applied Opt is trading 8.7% up at $183.81 as investors pile back into high-beta tech and AI names following a U.S.–Iran peace deal that sparked a broad risk-on rally.
- The geopolitical breakthrough has significantly boosted growth sectors, driving momentum across equities after the macro-driven news.
- There are no fresh company-specific catalysts for the move, suggesting the stock is primarily riding sector-wide tailwinds and prior volatility.