Market-Moving News for August 24th

Applied Optoelectronics, Inc.
Sadot Group Inc.
Alibaba Group Holding Ltd. Sponsored ADR

Applied Optoelectronics, Inc.

AAOI

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Sadot Group Inc.

SDOT

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Alibaba Group Holding Ltd. Sponsored ADR

BABA

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AAOI: -13% | Applied Optoelectronics shares are trading lower after the company announced a $600 million at-the-market equity offering.

 

SDOT: 87% | Sadot Group shares are trading higher on news of debt restructuring 

 

BABA: -3% | BABA Stock Falls Nearly 4% Amid $10 Billion HK Placement: Analyst Nicholas Mugalli Says Market Reaction is 'Pure Relief' For Shortsellers

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