POET Technologies Reaches 11-Year High After Securing New Orders
POET Technologies (NASDAQ:POET) reached an 11-year high as its stock climbed 28.84% to $15.10 following confirmation of orders from Marvell Technologies and anticipation of deals with Foxconn and Luxshare. The company expects deliveries to begin in Q3 2026, though Jim Cramer cautioned against overestimating its production capabilities.
Topics: market sentiment orders secured photonics sector stock price movement