The NASDAQ Composite stock market index fell to 78% from its peak position within 30 months between the 1990s and 2000 and it was all due to the existence of the dot – com bubble. Between the year 2000 and 2001 gained some profit as FINRA sold some of its stake in the Nasdaq stock exchange market. Using the platform of the initial public offering, the Nasdaq was the first stock exchange market that became the public company under the name of Nasdaq Inc. on 2nd of July in the year 2002 and it had access to everyone since it was a public company.
What is AAOI stock?
NASDAQ: AAOI at https://www.webull.com/quote/nasdaq-aaoi stands for Applied Optoelectronics Inc. Common Stock is basically a market on which investors spend their money in order to earn a profit. The rate of the AAOI market is $11.24 according to the latest report submitted on 17th of July, 2020. The Nasdaq stock exchange market is looking out for the AAOI market to be turned as strong in the IPO market in this summertime. The sector of the AAOI market is Technology which is using the Semiconductors as an industry. The share volume of AAOI is 745,979 and its Average Volume Label is 773,032 and also its previous close is $10.67 which turns out to be a profit.
The yearly based which is 52 weeks high and low of AAOI market are $15.98 high labelled and $5.00 is lower labelled respectively and if one considers its market cap then it will give you the result as 228,616,531 and has 1 BETA. It works under the exchange program of Nasdaq – Gm and is one of the top stocks in the list of Jim Cramers and the investors would be compelled to invest in. It is located in Sugar Land of Texas in the United States of America and it has set a target to achieve in a year as such $10.25. The forward P/E for the AAOI for at least one year is -6.97 and its Earning per Share which is also known as the EPS is around $-3.60 and is one of the leading companies in the field of telecommunication.
There are so many important people running this company such as the Chairman, President & Chief Executive Officer is Chih Hsiang Lin and the Chief Financial & Strategy Officer is Stefan J. Murry. Applied Optoelectronics Inc. Common Stock is a company which is leading in the market and is progressing aggressively in the field of fibre – optics product. It involves the four end market also such as internet data centre, cable television, telecommunications, and fibre-to-the-home. You can download some stock trading app for penny stock trading.