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Netgear Shares Rise; Smithfield Foods 4Q Revenue Beats Estimates; AOI Up
Published 1 month, 1 week ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Netgear (NTGR) shares rise after the US Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers.
- Smithfield Foods (SFD) reported revenue for the fourth quarter that beat the average analyst estimate.
- Applied Optoelectronics (AAOI) shares rise after the electronics component manufacturer said it has received a new volume order from one of its major hyperscale customers for 800G single-mode data center transceivers to help expand its network capacity for AI-driven workloads.
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