The stock of POET Technologies Inc (CVE:PTK) is a huge mover today! About 303,000 shares traded hands. POET Technologies Inc (CVE:PTK) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 6 months negative chart setup for the $83.74 million company. It was reported on Nov, 18 by Barchart.com. We have $0.26 PT which if reached, will make CVE:PTK worth $11.72 million less.
More notable recent POET Technologies Inc (CVE:PTK) news were published by: Globenewswire.com which released: “POET Technologies Reports Another Significant Step Toward Its Goal of …” on August 09, 2016, also Streetinsider.com with their article: “Form FX POET TECHNOLOGIES INC. Filed by: POET TECHNOLOGIES INC.” published on September 01, 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: Globenewswire.com and their article: “POET Technologies Appoints Thomas R. Mika as Chief Financial Officer” published on October 17, 2016 as well as Finance.Yahoo.com‘s news article titled: “POET Technologies Announces Public Offering of Units” with publication date: October 27, 2016.
POET Technologies Inc. is a fabless semiconductor technology development company. The company has a market cap of $83.74 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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