---
title: "Weekly Recap | AAOG.US -34.44%, sharp swings all week"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296674572.md"
description: "AAOG.US dropped 34.44% this week to close at $3.54, underperforming the S&P 500’s 1.43% decline by roughly 33 percentage points. The week played out as a one-sided sell-off: the fund briefly rallied to a high of $6.13 on Monday (17 August) before sliding through the next four sessions. By Friday (21 August), it had touched an intraday low of $3.37 and settled at $3.54. The 52."
datetime: "2026-08-22T07:01:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296674572.md)
  - [en](https://longbridge.com/en/news/296674572.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296674572.md)
generator: "portal-rs"
---

# Weekly Recap | AAOG.US -34.44%, sharp swings all week

## The Week

AAOG.US dropped 34.44% this week to close at $3.54, underperforming the S&P 500’s 1.43% decline by roughly 33 percentage points. The week played out as a one-sided sell-off: the fund briefly rallied to a high of $6.13 on Monday (17 August) before sliding through the next four sessions. By Friday (21 August), it had touched an intraday low of $3.37 and settled at $3.54. The 52.5% weekly swing and sharply elevated volume—daily turnover ran well above its median—point to heavy, volatile trading. As a 2x leveraged daily ETF tracking AAOI, the fund’s move was amplified by its underlying stock’s price action, with no discrete fund-specific news this week. The leverage mechanism simply magnified the drawdown.

## The Week Ahead

A cluster of US macro data lands on Tuesday (25 August), including the FHFA house price index, the Case-Shiller 20-city index, consumer confidence, and new home sales. These will offer a fresh read on housing market momentum and household sentiment. The batch could shape near-term risk appetite more broadly, which in turn tends to influence trading flows around leveraged instruments like AAOG.US.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [AAOG.US](https://longbridge.com/en/quote/AAOG.US.md)

## Related News & Research

- [Applied Optoelectronics (AAOI) Set to Post Quarterly Earnings on Thursday](https://longbridge.com/en/news/303513952.md)
- [Applied Optoelectronics (NASDAQ:AAOI) Stock Rating Raised to Outperform at Northland Securities](https://longbridge.com/en/news/303960878.md)
- [Can SpaceX Overcome the AI Trade Sell-Off?](https://longbridge.com/en/news/303907541.md)
- [BUZZ-Oracle slides on $20 bln AI fundraising](https://longbridge.com/en/news/303979292.md)
- [Tempus AI (NASDAQ:TEM) Announces Quarterly Earnings Results](https://longbridge.com/en/news/303955590.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**