Poet Technologies Stock Drops 47.4% After Marvell Cancels Order
Poet Technologies (POET) stock fell 47.4% on Monday after Marvell canceled an order, wiping out last week's gains. The drop occurred despite a generally positive market environment, with the S&P 500 and Nasdaq Composite both rising slightly. The cancellation raises concerns about Poet's future prospects.
Topics: market reaction order cancellation Poet Technologies stock price crash