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NASDAQ:POET 7 October 2025 - 11 May 2026

POET Technologies Stock Faces Marvell Fallout as Investor Lawsuit Deadline Nears

POET Technologies Stock Faces Marvell Fallout as Investor Lawsuit Deadline Nears

POET Technologies faces a federal securities class action after Marvell Semiconductor canceled all Celestial AI purchase orders, triggering a 45% intraday drop in POET shares on April 27. Law firms are urging investors who bought POET securities between April 1 and April 27 to act before the June 29 lead-plaintiff deadline. The case also involves disputed tax disclosures and PFIC status. No class has been certified.
POET Technologies Stock Rebounds as Marvell Fallout Turns Into a June Lawsuit Deadline

POET Technologies Stock Rebounds as Marvell Fallout Turns Into a June Lawsuit Deadline

POET Technologies shares rose Friday, climbing $1.39 to $10.97, despite new shareholder notices tied to a securities class action over its U.S. tax disclosures and cancelled Celestial AI orders. The lawsuit, filed April 28 in New Jersey federal court, names POET, CFO Thomas Mika, and CEO Suresh Venkatesan as defendants. Investors have until June 29 to seek lead plaintiff status for the proposed class.
Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Investor-rights law firms increased notices Wednesday over a securities class action against POET Technologies after Marvell Semiconductor canceled all Celestial AI-related orders. The lawsuit names CEO Suresh Venkatesan and CFO Thomas Mika and alleges misrepresentations on tax status and business agreements. POET shares traded at $9.385 on Nasdaq, up 17.5 cents. The lead-plaintiff deadline is June 29.
POET Technologies Stock Jumps 30% as Marvell Order Fallout Becomes a Legal Test

POET Technologies Stock Jumps 30% as Marvell Order Fallout Becomes a Legal Test

POET Technologies shares surged 30% to $9.25 in heavy Nasdaq trading Tuesday after a securities class action was filed over the company’s disclosure of canceled Marvell-linked orders. The lawsuit, filed in New Jersey federal court, names POET, CEO Suresh Venkatesan, and CFO Thomas Mika as defendants. POET said Marvell canceled all Celestial AI purchase orders on April 23, citing confidentiality breaches.
POET Stock Is Flying Again: The Marvell Link, AI Optics Buzz and Tax Fight Behind the Rally

POET Stock Is Flying Again: The Marvell Link, AI Optics Buzz and Tax Fight Behind the Rally

POET Technologies shares rose 27% to $14.93 in late-morning trading Friday after CFO Thomas Mika said the company received a purchase order linked to Marvell Technology. Marvell has not confirmed the order. POET reported $341,202 in Q4 revenue and a $42.7 million net loss, as it shifts from development to production. The rally follows news of Marvell’s acquisition of Celestial AI and reported Google talks.
Why POET Technologies Stock Is Soaring Again After PFIC Tax Fix and Marvell Order Talk

Why POET Technologies Stock Is Soaring Again After PFIC Tax Fix and Marvell Order Talk

POET Technologies shares jumped 19.3% to $10.25 Tuesday, extending Monday’s 18.3% gain after management addressed tax concerns raised by a short-seller. CFO Thomas Mika said POET does not expect to qualify as a PFIC in 2026 and confirmed a purchase order tied to Marvell. The company reported $341,202 in Q4 revenue and a $42.7 million net loss. POET targets second-quarter sampling of its 1.6T module with Lessengers.
POET Technologies Stock Soars Again as PFIC Tax Clarity Eases Short-Seller Fears

POET Technologies Stock Soars Again as PFIC Tax Clarity Eases Short-Seller Fears

POET Technologies shares surged 20% Tuesday, following an 18% gain Monday, after the company addressed U.S. shareholder tax concerns and announced plans to redomicile. Nearly 32.9 million shares traded by 10:21 a.m. ET, with the stock reaching $11.07 before settling at $10.34. Wolfpack Research disclosed a short position last week, sparking volatility. CFO Thomas Mika said POET expects not to qualify as a PFIC in 2026.
21 April 2026
POET Technologies Stock Soars on AI Microchip Breakthrough: What NASDAQ:POET Investors Need to Know Now

POET Technologies Stock Soars on AI Microchip Breakthrough: What NASDAQ:POET Investors Need to Know Now

POET Technologies shares surged over 50% from December 1 to December 10, closing at $6.93 on December 10 after unveiling a 1.6 Tbps optical transmitter chip for AI data centers. The company’s market cap neared $930 million with about 132 million shares outstanding. The new chip, announced December 8, targets next-generation AI and cloud infrastructure. POET stock remains below its 52-week high of $9.41.
POET Technologies (NASDAQ: POET) Stock on December 3, 2025: Cash-Rich AI Optics Play Faces Sharp Volatility After Q3 Earnings

POET Technologies (NASDAQ: POET) Stock on December 3, 2025: Cash-Rich AI Optics Play Faces Sharp Volatility After Q3 Earnings

POET Technologies traded near $4.68 midday December 3, 2025, up about 1–2%, valuing the company at roughly $600 million. The stock has swung between $3.09 and $9.41 over the past year and is down about 24% in 2025 after a 540% surge in 2024. Q3 revenue reached $298,434, with a net loss of $9.4 million. Cash flow from operations was negative $2.8 million for the quarter.
Mystery $75 M Bet Propels Tiny POET Technologies to New Highs Amid AI Frenzy

POET Technologies Stock Soars on $150M Fundraise – AI Photonics Play Heats Up

POET Technologies traded near $6.44 in premarket Nov. 3, after more than doubling over the past year. The company raised $225 million in October, boosting cash above $300 million, but Q2 revenue remained low at $0.27 million with a $17.3 million net loss. Shares have pulled back from a mid-October high of $9.41. Technical signals are bearish ahead of Q3 earnings on Nov. 12.
Mystery $75 M Bet Propels Tiny POET Technologies to New Highs Amid AI Frenzy

Mystery $75 M Bet Propels Tiny POET Technologies to New Highs Amid AI Frenzy

POET Technologies announced a $75 million private placement from a single institutional investor on Oct. 7, raising its cash reserves above $150 million with no debt. Shares surged 23.5% to $7.88, trading volume hit 41 million, and call option activity spiked as retail traders piled in. The company remains pre-revenue and unprofitable, with its valuation far ahead of fundamentals.
Mystery $75M Bet Propels POET Technologies – Tiny Optical Chipmaker Rides AI Gold Rush

Mystery $75M Bet Propels POET Technologies – Tiny Optical Chipmaker Rides AI Gold Rush

POET Technologies closed a US$75 million private placement on Oct. 7, 2025, its largest-ever investment, from an undisclosed institutional investor. Shares jumped 23.5% to $7.88, with trading volume spiking to 41 million. Despite the surge, POET remains pre-revenue and unprofitable, with a net margin near –11,500%. The company recently launched 1.6-terabit optical modules and won its seventh industry award in 15 months.
AI Boom Delivers $75 Million Windfall to POET Technologies – Optical Revolution Ahead?

AI Boom Delivers $75 Million Windfall to POET Technologies – Optical Revolution Ahead?

POET Technologies secured a record $75 million private investment from a single institutional backer on October 7, 2025. The Toronto-based photonic chipmaker plans to use the funds for acquisitions, R&D, and expanding its AI connectivity products. Call option volume surged 18 times above normal after the announcement. POET remains pre-revenue, with steep losses and a high price-to-sales ratio.

Stock Market Today

  • CoreWeave Founders Sell $2.3 Billion in Stock Amid Strong Post-IPO Performance
    June 9, 2026, 6:29 AM EDT. CoreWeave Inc., an AI data center operator, has seen its stock price more than double since its March 2025 IPO. However, the company's executives, including billionaire co-founders Michael Intrator, Brannin McBee, and Brian Venturo, have sold over $2.3 billion of shares since the lockup period expired in August. Venturo alone sold over $1.1 billion, making him the second-largest insider seller this year. These sales were made under pre-arranged 10b5-1 trading plans designed to prevent insider trading accusations. Despite this selling, the founders still hold about 18% of shares. Major investor Magnetar Financial also sold $5.5 billion in stock, halving its stake. Analysts note these sales raise concerns but consider the stock undervalued amid strong AI infrastructure demand.

Latest articles

Nasdaq Futures Rise Ahead of CPI; Tech Buyers Step In

Nasdaq Futures Rise Ahead of CPI; Tech Buyers Step In

9 June 2026
Nasdaq 100 futures jumped 0.76% premarket, leading U.S. stock futures higher as investors bought back into tech after a chip-led rebound, but looming May CPI data Wednesday could threaten gains if inflation runs hot and revives rate-hike fears.
Qualcomm Shares Trade Early As AI Gets Attention Over Phones

Qualcomm Shares Trade Early As AI Gets Attention Over Phones

9 June 2026
Qualcomm surged 3.3% to $225.00 in early premarket trading after Nvidia CEO Jensen Huang publicly praised the company and J.P. Morgan raised its price target to $265, as investors focus on Qualcomm’s June 24 investor day and its push into AI and data-center chips beyond handsets.
Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

9 June 2026
Applied Digital surged 8.7% in after-hours trading after announcing a 15-year, $5.2 billion lease at its Delta Forge 2 AI data center, boosting its contracted base-term lease revenue to $36 billion; investors are watching Tuesday’s regular session for the first full market reaction as confidence grows in Applied Digital’s ability to secure long-term AI infrastructure deals.
Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

9 June 2026
Nokia shares slipped 0.66% in Helsinki despite unveiling new AI-driven 5G network deals and a DDoS security launch, as investors weighed the lack of disclosed financial terms and the risk that product announcements may not quickly boost earnings.
SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

9 June 2026
SoFi held Monday’s 2.9% gain at $16.50 after record Q1 results—revenue up 41% to $1.1 billion, EBITDA up 62% to $340 million, loan originations at $12.2 billion, and members up 35%—but shares fell 12% in April after 2026 forecasts stayed flat, with analysts split and risks from higher rates, credit quality, and a 27% drop in tech platform revenue after a major client exit.
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