AAOI

Down on hot inflation data

• AAOI −4.31% on the last session vs SPY +0.12%: −4.4 pts of stock-specific move.
• News: tikr.com reports stock fell on hot inflation concerns during the session. (tikr.com)
• Aftermath, crossed below 200-day avg (Oct 8): After its 12 crosses below the 200-day average in the past 5 years, AAOI was higher a month later 8 times out of 12; half the outcomes fell between -10.4% and +24.0%. History, not a forecast.
• 15 Reddit mentions in the past 24 hours, 74% positive over the week · today's pace is 1.6× its recent daily average.
• 1 analyst action in the past 10 days (0 positive, 1 negative); latest: B. Riley Securities maintained Neutral, lowered target $109 → $92.00.
• 2 insider or congressional trades in the past 30 days.
• Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
• Activity: volume on pace for 2.3× its 20-day average.