US Stock Market Move | The concept of optical communication continued to be strong in the morning session. Applied Optoelectronics (AAOI.US) rose more than 7%.

date
22:12 24/03/2026
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GMT Eight
Applied Optoelectronics surged more than 7%, with stock price returning above $100.
On Tuesday, the concept of optical communication continued to be strong in the early trading session. As of the time of publication, Applied Optoelectronics (AAOI.US) rose more than 7%, with the stock price returning to above $100. The stock had risen more than 9% the previous trading day, as the company received a new order for 800G data center transceivers. Corning Inc (GLW.US) rose more than 5%, Lumentum (LITE.US) and Coherent (COHR.US) rose more than 3%, while Ciena (CIEN.US) rose more than 2%.