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Applied Optoelectronics Has Fallen Hard for 6 Months: This Wall Street Analyst Expects It's Going to Double Soon

Source: 247wallst.com

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Applied Optoelectronics Has Fallen Hard for 6 Months: This Wall Street Analyst Expects It's Going to Double Soon

Applied Optoelectronics has lost more than half its peak value over six months, with the article citing repeated share sales and a memory shortage that caught the market off guard. One analyst nevertheless sees potential for the stock to double; the excerpt provides no price target, analyst identity, or further details.

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