Why Applied Optoelectronics Is Trading Higher By Around 31%; Here Are 21 Stocks Moving Premarket
Gainers
Kensington Capital Acquisition Corp. IV (NYSE: AMPX) rose 159.4% to $25.94 in pre-market trading after gaining 11% on Thursday.
FedEx, Texas Instruments And 3 Stocks To Watch Heading Into Friday
With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Applied Optoelectronics Announces Definitive Agreement to Sell its Chinese Manufacturing Facilities and Certain Assets Related to its Transceiver Business for $150 Million
Applied Optoelectronics, Inc. (NASDAQ:AAOI) (the "Company" or "AOI" or the "Seller"), a leading provider of fiber-optic access network products for the internet datacenter, cable television
Applied Optoelectronics Q2 EPS $(0.28) Beats $(0.30) Estimate, Sales $52.30M Miss $57.14M Estimate
Applied Optoelectronics (NASDAQ:AAOI) reported quarterly losses of $(0.28) per share which beat the analyst consensus estimate of $(0.30) by 6.67 percent. This is a 86.67 percent decrease over losses of $(0.15) per share
Earnings Scheduled For August 4, 2022
Companies Reporting Before The Bell
• Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.
Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's session, 326 stocks hit new 52-week lows.
Applied Optoelectronics Earnings Perspective: Return On Invested Capital
Benzinga Pro data, Applied Optoelectronics (NASDAQ:AAOI) reported Q1 sales of $52.24 million. Earnings fell to a loss of $16.06 million, resulting in a 10.47% decrease from last quarter.