AAOI +4.22 to 20.09, would have made a great short at $30+ yesterday evening. That Amazon warrant is evidently a free give away to Amazon, though it gives Amazon a vested interest that could influence them to buy more AAOI products, but that's questionable. That aside, it's just a dilutive transaction that doesn't benefit AAOI directly.
Maybe traders misinterpreted the announcement yesterday after the bell ?
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