$12.15
+0.20 (+1.67%)
POET News30 articles
POET Technologies Surges on AI Photonics Hype, Financials Show Big Gap
POET Technologies rose to $13.93 on heavy volume, driven by AI photonics hopes, but with minimal revenue and a net loss, its $2.4 billion valuation remains speculative.
POET Technologies Surges on AI Photonics Hype Amid Legal and Dilution Risks
POET Technologies shares rose 11% to $12.53 on AI photonics momentum, but investors face legal risks, dilution, and upcoming catalysts including the June 26 annual meeting and June 29 lead-plaintiff deadline.
POET Technologies Shares Rally 13% Amid AI Photonics Speculation and Legal Overhang
POET Technologies stock jumped 13% to $12.74 on heavy volume, driven by AI photonics optimism ahead of a key shareholder meeting, though legal and dilution risks persist.
POET Technologies Tumbles 13% Amid Legal Woes, AI Chip Selloff
POET Technologies dropped 13% as legal risks and a canceled Marvell order weighed on shares, despite a $50 million Lumilens deal and $400 million funding. AI chip stocks also slumped.
POET Technologies Plunges 23% as AI Chip Selloff Intensifies Ahead of CPI Data
POET Technologies shares plunged 23% Friday, ending the week 3.5% lower, as investors fled AI and semiconductor stocks ahead of key inflation data.
POET Technologies Shares Plunge 23% Amid Semiconductor Rout and Execution Concerns
POET Technologies shares tumbled 23% to $11.86 on Friday as the semiconductor sector sold off sharply. Investors are assessing execution risks following a $400 million capital raise, a $50 million Lumilens order, and Marvell's canceled purchase orders.
POET Technologies Surges on AI Optics Demand, Legal Cloud Remains
POET Technologies shares surged 12% to $15.47 on heavy volume, driven by AI optics optimism and a Lumilens deal, but legal risks from a class action suit persist.
POET Technologies Rebounds on AI Optics Demand and $400M Financing
POET Technologies shares surged 10% to $15.24 as traders returned to the AI-hardware stock after a 17.1% drop, boosted by a $400M financing and a $50M Lumilens deal potentially worth $500M.
POET Technologies Surges 17% Amid AI Orders, Lawsuit Deadline, and Marvell Impact
POET Technologies shares jumped 17% on heavy volume as law firms highlighted a June 29 lead-plaintiff deadline in a securities case. The rally follows a $50 million Lumilens order and $400 million financing, but legal and business risks persist.
POET Technologies Faces Headwinds After $400M Raise and Celestial AI Loss
POET Technologies shares dropped 7.3% to $12.29 Friday, capping a 16% weekly decline. The optical chip maker raised $400M but faces lawsuits and lost Celestial AI orders.
POET Technologies: After a Volatile Week, What Lies Ahead?
POET Technologies shares fell 7.3% on Friday to $12.29, capping a week of nearly 16% decline, while the Nasdaq rose 2.4%. The company raised $400M in a direct offering but faces lawsuits and uncertainty after losing Celestial AI orders.
SpaceX IPO on Horizon: Assessing Investment Risks and Rewards
SpaceX's June IPO is imminent, but a $5B net loss and lofty valuation temper enthusiasm. Analysts weigh growth against risks.
POET Technologies Stock Slips Again as $400M AI Optics Plan Faces New Hurdles
POET Technologies shares dropped 7.3% Friday, closing at $12.29 as the company's $400 million AI optics push faces setbacks including canceled orders and a securities class action.
POET Technologies Stock Dips 7.7% Despite AI Chip Rally After $400M Offering
POET Technologies shares fell 7.7% to $13.46 Tuesday despite a broad chip rally, as a $400M stock-and-warrant offering and Marvell order cancellation weighed on sentiment.
POET Technologies Slips After $400M Financing, AI Hopes Remain
POET Technologies shares dropped 8.6% last week after a $400M financing. The company is betting on AI optical networking, but Q1 revenue was just $503,389.
POET shares slip despite $400M AI optics funding, dilution fears linger
POET Technologies shares fell 1.55% to $14.59 despite closing a $400M private placement, as dilution worries weighed on the stock.
POET Technologies Plans $400M Offering Amid AI Photonics Expansion
POET Technologies shares slipped in premarket trading after a $400M direct offering. The funding supports a tenfold manufacturing expansion, but dilution concerns weigh on investors.
POET Technologies Surges 11% After Closing $400M Offering; Revenue Concerns Persist
POET Technologies shares climbed 11% to $14.55 after closing a $400 million direct offering, bouncing back from an 8% drop on dilution concerns. The company reported Q1 revenue of $503,389 and a net loss of $12.3 million.
POET Technologies Stock Slides Despite $400M Capital Raise
POET Technologies shares dropped 8.02% to $13.07 despite securing $400M in funding. The photonics firm aims to scale AI data-center chip production and eyes a $500M deal with Lumilens.
POET Technologies Shares Tumble After $400M Capital Raise
POET Technologies shares dropped 14.2% to $13.70 after a $400M direct investment with MMCAP, issuing 19M shares and warrants at $21. The capital raise follows a $50M Lumilens order and a Q1 net loss.
POET Shares Drop 22% After $400M Funding Deal, AI Demand Concerns Linger
POET Technologies shares dropped 22% Friday after a $400 million direct offering was announced, trimming weekly gains to 46% amid investor concerns over dilution and AI demand execution.
POET Technologies Stock Drops on $400M Dilutive Financing Deal
POET Technologies shares dropped 10% after announcing a $400M direct offering of shares and warrants, sparking dilution concerns despite a $50M order from Lumilens.
POET Technologies Surges 43% on $50M AI Optics Order from Lumilens
POET Technologies shares surged 43% after Lumilens placed a $50 million initial order under a new AI networking partnership, with potential to exceed $500 million over five years.
POET Surges on $50M AI Optics Deal with Lumilens; Long Road to Production Ahead
POET Technologies shares jumped 16% after securing a $50 million initial order from Lumilens for AI data-center optical engines, with potential cumulative purchases over $500 million.
POET Technologies Names New COO Amid Marvell Fallout and Legal Woes
POET Technologies hires Sandeep Kumar as COO to ramp up Malaysia production, as it deals with Marvell order cancellations and a securities lawsuit. Shares rose 1.4%.
POET Technologies Stock Rises After Appointing New COO to Lead Manufacturing Scale-Up
POET Technologies shares jumped 2.95% to $14.31 after appointing Sandeep Kumar as COO to lead manufacturing scale-up in Malaysia. The stock outperformed a down market as investors focus on production execution.
POET Technologies Hit by Lawsuit After Marvell Cancels Celestial AI Orders
POET Technologies faces a securities class action after Marvell canceled Celestial AI orders, causing a 45% stock drop. Lead-plaintiff deadline is June 29.
POET Technologies Stock Rebounds Amid Securities Lawsuit and Marvell Fallout
POET Technologies shares rebounded 14.5% to $10.97 on Friday, even as a securities lawsuit over tax disclosures and cancelled Celestial AI orders moves forward with a June 29 lead plaintiff deadline.
POET Technologies Faces Class Action After Marvell Cancels Celestial AI Orders
POET Technologies is under a securities class action after Marvell canceled all Celestial AI purchase orders. Lead-plaintiff deadline is June 29. Stock at $9.385.
POET Technologies Stock Surges on Securities Lawsuit Over Canceled Marvell Order
POET Technologies shares surged 30% after a securities class action was filed over disclosure of canceled Marvell purchase orders.