Poet Technologies Crashed Again Today -- Is the AI Stock a Buy on the Pullback?
2026-04-29 19:19:25 ET
Poet Technologies (NASDAQ: POET) stock got hit with another round of crushing sell-offs in Wednesday's trading. The company's share price ended the daily session down 17.8% despite a relatively calm backdrop for the broader market. The S&P 500 index and the Nasdaq Composite each closed out the session roughly flat.
Poet stock has taken investors on a rollercoaster of volatility recently, with shares more than doubling last week on news that the company had secured a substantial contract order through Celestial AI -- a company acquired by Marvell earlier this year. Those gains have been erased this week following news that Marvell had canceled the contract order for Poet's hardware.
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NASDAQ: POET
POET Trading
37.67% G/L:
$19.24 Last:
81,438,810 Volume:
$17.41 Open:
