The stock of POET Technologies Inc (CVE:PTK) is a huge mover today! About 829,638 shares traded hands or 265.29% up from the average. POET Technologies Inc (CVE:PTK) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 9 months positive chart setup for the $110.66 million company. It was reported on Oct, 19 by Barchart.com. We have $1.29 PT which if reached, will make CVE:PTK worth $152.71M more.
More notable recent POET Technologies Inc (CVE:PTK) news were published by: Globenewswire.com which released: “POET Technologies Appoints Thomas R. Mika as Chief Financial Officer” on October 17, 2016, also Seekingalpha.com with their article: “POET Technologies Has No Poetry” published on September 06, 2015, Globenewswire.com published: “POET Technologies Announces Proposed Public Offering of Common Stock” on October 12, 2016. More interesting news about POET Technologies Inc (CVE:PTK) were released by: Streetinsider.com and their article: “Form FX POET TECHNOLOGIES INC. Filed by: POET TECHNOLOGIES INC.” published on September 01, 2016 as well as Streetinsider.com‘s news article titled: “Form 6-K POET TECHNOLOGIES INC. For: Oct 13” with publication date: October 14, 2016.
POET Technologies Inc. is a fabless semiconductor technology development company. The company has a market cap of $110.66 million. The Firm develops opto-electronic and photonic fabrication processes and products. It currently has negative earnings. It operates through the design of semi-conductor products for military and industrial applications segment.
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