NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Applied Optoelectronics, Inc. (“Applied Optoelectronics” or the “Company”) (NASDAQ: AAOI) concerning possible violations of federal securities laws.
On August 3, 2017 Applied Optoelectronics revealed that it expected its third quarter revenue to be in the $107 to $115 million range due to the loss of one if its large customers, significantly missing projections. Following this news, Applied Optoelectronics stock fell more than 31% during intraday trading on August 4, 2017. To obtain additional information, go to:
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