Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) rose sharply in pre-market trading after it secured a $71 million 800G transceiver order from a major hyperscale customer, bringing total orders from that client to $124 million since mid-March.
An 800G transceiver is a high-speed optical module that supports data transmission at 800 Gbps. It is essential for artificial intelligence, cloud computing and next-generation data centers. According to Applied Optoelectronics, this will more than double its existing backlog from that client.
Applied Optoelectronics shares jumped 9% to $113.21 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Xiao-I Corp (NASDAQ:AIXI) gained 79.8% to $0.24 in pre-market trading after jumping 33% on Thursday. Xiao-I recently issued an additional material update on its variable interest entity’s ongoing patent infringement lawsuit against Apple.
- Profusa Inc (NASDAQ:PFSA) gained 75.5% to $1.33 in pre-market trading after jumping around 31% on Thursday.
- Blockchain Digital Infrastructure Inc (NASDAQ:AIB) gained 68.2% to $1.95 in pre-market trading after surging 16% on Thursday.
- zSpace, Inc. (NASDAQ:ZSPC) rose 32.4% to $0.14 in pre-market trading following news of a Kansas WorkforceONE augmented and virtual reality (AR/VR) partnership expansion, just days after its fourth-quarter results missed earnings per share estimates by 64.29% and revenue by 21.80%.
- Soleno Therapeutics Inc (NASDAQ:SLNO) surged 29% to $50.92 in pre-market trading after gaining around 7% on Thursday.
- BT Brands Inc (NASDAQ:BTBD) jumped 20.2% to $2.27 in pre-market trading after Monday's earnings release showed a sharp fiscal 2025 operating turnaround and progress on its Cincinnati-based drone technology firm Aero Velocity merger.
- Vivos Therapeutics Inc (NASDAQ:VVOS) rose 17.4% to $1.55 in pre-market trading after a Securities and Exchange Commission filing revealed that a Michigan-based investor group acquired a 19.9% stake through a $2.39 million private placement.
- Brag House Holdings Inc (NASDAQ:TBH) rose 16% to $0.43 in pre-market trading after gaining 20% on Thursday.
- Lifezone Metals Ltd (NYSE:LZM) gained 12.5% to $4.15 in pre-market trading after adding 4% on Thursday.
Losers
- Intercont (Cayman) Ltd (NASDAQ:NCT) fell 31.5% to $1.89 in pre-market trading after gaining over 4% on Thursday.
- Visionary Holdings Inc (NASDAQ:GV) declined 20.3% to $0.35 in pre-market trading pulling back after a sharp rally last week following the company’s $20 million investment announcement. The decline suggests the rally has cooled down after the deal-driven surge.
- PMGC Holdings Inc (NASDAQ:ELAB) dipped 20.1% to $4.57 in pre-market trading after falling 59% on Thursday.
- IO Biotech Inc (NASDAQ:IOBT) fell 17.3% to $0.027 in pre-market trading after dipping 26% on Thursday.
- Tantech Holdings Ltd (NASDAQ:TANH) tumbled 17.2% to $0.34 in pre-market trading. Tantech Holdings recently announced that it priced and closed its $2.15 million registered direct offering.
- TMD Energy Ltd (NYSE:TMDE) fell 16.4% to $1.57 in pre-market trading after jumping 77% on Thursday.
- Skycorp Solar Group Ltd (NASDAQ:PN) shares dipped 14.8% to $0.22 in pre-market trading. Pasithea Therapeutics recently said that the FDA has granted Fast Track designation to PAS-004 for the treatment of NF1-associated PN causing significant morbidity.
- Mega Fortune Co Ltd (NASDAQ:MGRT) fell 12% to $13.20 in pre-market trading after gaining 22% on Thursday.
- Wheels Up Experience Inc (NYSE:UP) dipped 5.2% to $0.48 in pre-market trading after gaining 5% on Thursday.
- Service Properties Trust (NASDAQ:SVC) fell 4% to $1.22 in pre-market trading. Service Properties Trust announced closing of underwritten public offering and full exercise of option.
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