Could POET Technologies Inc Lose Strenght? The Stock Increases A Lot Today

 Could POET Technologies Inc Lose Strenght? The Stock Increases A Lot Today

The stock of POET Technologies Inc (CVE:PTK) is a huge mover today! About 934,742 shares traded hands or 3.37% up from the average. POET Technologies Inc (CVE:PTK) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
The move comes after 8 months positive chart setup for the $67.75 million company. It was reported on Nov, 4 by Barchart.com. We have $0.90 PT which if reached, will make CVE:PTK worth $121.95 million more.

More notable recent POET Technologies Inc (CVE:PTK) news were published by: Globenewswire.com which released: “POET Technologies Issues CEO Letter to Shareholders” on November 02, 2016, also Globenewswire.com with their article: “POET Technologies Reports Another Significant Step Toward Its Goal of …” published on August 09, 2016, Seekingalpha.com published: “POET Technologies Has No Poetry” on September 06, 2015. More interesting news about POET Technologies Inc (CVE:PTK) were released by: Seekingalpha.com and their article: “POET Technologies Revisited” published on September 27, 2014 as well as Streetinsider.com‘s news article titled: “Form 6-K POET TECHNOLOGIES INC. For: Oct 12” with publication date: October 12, 2016.

POET Technologies Inc. is a fabless semiconductor technology development company. The company has a market cap of $67.75 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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