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Applied Optoelectronics Plunges 20% Following Weak Preliminary Q1 Results
Tuesday, April 19, 2016 - 7:53am | 214Shares of Applied Optoelectronics Inc (NASDAQ: AAOI), a provider of fiber-optic networking products, plunged more than 20 percent after the company reported preliminary first quarter results which mostly fell short of prior guidance. Applied Optoelectronics now expects to lose $0.04 to $0.06...