Applied Optoelectronics (AAOI) Rallied on Robust Results and Winning Major Orders
Key takeaways
- Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth.
- In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Applied Optoelectronics, Inc.
- Carillon Eagle Small Cap Growth Fund stated the following regarding Applied Optoelectronics, Inc.
Applied Optoelectronics (AAOI) Rallied on Robust Results and Winning Major Orders Soumya Eswaran Thu, June 25, 2026 at 9:20 PM GMT+7 3 min read AAOI ^RUT Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Applied Optoelectronics, Inc. (NASDAQ:AAOI). Headquartered in Sugar Land, Texas, Applied Optoelectronics, Inc. (NASDAQ:AAOI) is a leading provider of fiber-optic networking products serving data centres, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers. On June 24, 2026, Applied Optoelectronics, Inc. (NASDAQ:AAOI) closed at $146.97 per share. One-month return of Applied Optoelectronics, Inc. (NASDAQ:AAOI) was -13.05%, and its shares gained 429.24% over the past 52 weeks. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has a market capitalization of $11.79 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Applied Optoelectronics, Inc. (NASDAQ:AAOI) in its Q1 2026 investor letter: