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AAOI & LITE Both Skyrocket 15% on Monday

Summary by 247wallst.com
Quick Read Applied Optoelectronics (AAOI) jumped 15% to $110.62 on a $200M+ order and Q4 revenue up 33.9%. Lumentum (LITE) rose 15% to $640.69 after S&P 500 addition. Other high-growth AI plays like SanDisk and Bloom Energy also saw strong gains today. Applied Optoelectronics secured its first volume order for 1.6T data center transceivers from a major hyperscale customer, while Lumentum’s S&P 500 inclusion triggered mechanical index buying. …

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247wallst.com broke the news in New York, United States on Monday, March 9, 2026.
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