
Applied Optoelectronics' AAOI.O shares jump 79% to $28.42 in extended trade
Fiber optic networking products maker issues tech giant Amazon AMZN.O warrant to purchase up to ~7.9 million of its shares at an exercise price of $23.6954 per share
About 1.3 million warrant shares vested on the date of issuance, with the balance vesting over time based on discretionary purchases by Amazon, up to a total of $4 billion
AAOI stock closed down 8.3% at $15.87
As of last close, AAOI stock down 57% YTD