🟢 2X Long AAOI ETF (AAOG) is trading 16.55% up as AAOI recovers from October 8 selloff

AAOG is trading at $2.57, up 16.55%, as AAOI recovers from its steep October 8 selloff and optical-communications stocks gain.

• Premarket reports also showed gains across optical-communications stocks.
• The prior decline reflected profit-taking in AI optical names, concerns about AI spending, and dilution worries tied to AAOI’s completed offering.
• The move appears to be a sector-led relief bounce, not a confirmed new company catalyst. Live activity is reported; volume data is unavailable.