On July 28, Applied Optoelectronics fell 5.44% in pre-market trading, trading at $92.3/share, with turnover of $5.43 million.

On the news front, the optical communication sector remains under sustained pressure. Trump's recent remarks on trade policy triggered a broad selloff across semiconductor, storage, and optical communication stocks, with AAOI already plunging 10.60% on July 25. The stock has now accumulated a decline exceeding 25% throughout July. Needham maintained its Buy rating but lowered the target price to $220, reflecting market divergence on near-term prospects.

Within the Communication Equipment sector, weakness persists broadly. Among individual stocks, Lumentum fell 4.61%, Arista Networks fell 2.22%, Nokia fell 2.0%, F5 Inc fell 0.18%, while Cisco was flat. Industry analysis suggests the market is no longer indiscriminately trading the AI optical communication theme, but instead differentiating based on customer commitment, order visibility, and valuation levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)