amit
this $POET story is just incredible - only photonics stock to do nothing all year - short report...
12 days agoamitamitisinvesting
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

POET Technologies Inc (POET) shares plummeted over 45% to approximately $8.13 after Marvell (MRVL) alleged a breach of confidentiality regarding a previously rumored order. This volatility followed a rapid climb from $6.80 to $17.00 triggered by the CFO's comments, contrasting with a recent short report and the company's current financials of $430M in cash versus minimal revenue. Sentiment is mixed as investors weigh the impact of the canceled MRVL order and low CEO insider ownership of only 7,000 shares against the potential of the company's optics technology.

Ask about this postAnswers are grounded in this post's content.
Tweet
About amit
amit

amit

By amitisinvesting

breaking down tech, business, & stocks $PLTR