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Applied Optoelectronics Drops 6.08% in Oct. 20 Intraday Trading

Marvell Technology lost 3.02% and Sandisk fell 1.85% in the same snapshot; listed crypto-related shares also moved lower.

Descending lines cut into a brushed metal chart / TokenPost.ai
Descending lines cut into a brushed metal chart / TokenPost.ai

An Oct. 20 snapshot of U.S. AI-linked shares showed broad intraday declines Tuesday, with Applied Optoelectronics (AAOI) down 6.08%, alongside losses in Marvell Technology and Sandisk.

Marvell (MRVL) fell 3.02%, while Sandisk (SNDK) declined 1.85%. American Superconductor (AMSC) lost 4.45%, SK hynix (SKHY) dropped 4.11%, AMD fell 4.06% and Micron Technology (MU) slipped 3.51%. The percentages describe intraday moves, not closing results.

The same snapshot showed crypto-related shares lower, with Coinbase down 5.32%, Bitdeer 5.15%, Circle 4.41% and Strategy 3.91%. The Oct. 20 declines followed an earlier AI-stock pullback; Nvidia closed Oct. 16 at $214.13, down 1.43% that session and 10.5% from Oct. 6.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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