Stocks Under $20: Arlo Technologies, Applied Optoelectronics
ARLOArlo(ARLO) Schaeffers Investment Research·2024-09-25 00:40

For Schaeffer's Cheap Seats: Stocks Under $20 segment, we're taking a look at Arlo Technologies Inc (NYSE:ARLO) and Applied Optoelectronics Inc (NASDAQ:AAOI), both of which are making sizeable intraday moves.Shares of Arlo Technologies, a maker of wireless surveillance cameras that went public in October 2018, were last seen up 3.5% at $12.27, following the company's newly adopted $50 million stock repurchase program. Today's gain helped ARLO leapfrog the +25% year-to-date level. Now standing 28.3% higher i ...