Poet Technologies Stock Crashed After Marvell Canceled Orders: What Comes Next?
2026-04-27 17:24:32 ET
Poet Technologies (NASDAQ: POET) stock has seen incredible volatility recently. While the company's share price rocketed 108% higher across last week's trading, the stock got crushed this Monday as the substantive grounds for the fiber-optics specialist's recent valuation rally evaporated.
Poet stock closed out Monday's trading down roughly 47% -- a decline that wiped out nearly all of the gains that the stock had posted in the previous week. The company's share price had enjoyed a huge rally last week thanks to news that the business had seemingly secured and expanded a contract with a business associated with Marvell Technology , but Poet shareholders recently got some terrible news about the deal.
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NASDAQ: POET
POET Trading
-7.09% G/L:
$17.875 Last:
28,099,091 Volume:
$18.322 Open:
