Poet Technologies Stock Surges Over 100% After Confirming Larger Product Order from Marvell-Linked Company
Poet Technologies (POET) stock surged over 100% in a single week after its CFO confirmed a larger product order from Celestial AI, which was acquired by Marvell in February. The news came as the Nasdaq Composite gained 1.5% and Poet's stock is now up 138.5% year to date. The company's fiber-optics technology is being integrated into Marvell's AI ecosystem.
Topics: AI ecosystem contract award product order stock price movement