Poet Technologies Stock Drops After Big Gains Amid Q1 Report and Fundraising News

After rising nearly 43% in the previous session, Poet Technologies (NASDAQ: POET) stock fell sharply by 22.4% on Friday due to a weak first-quarter report and news of a $400 million fundraising deal involving additional shares. The broader market also declined slightly.

By Keith Noonan · Motley Fool ·

Poet Technologies Stock Drops After Big Gains Amid Q1 Report and Fundraising News

Tickers: $POET

Topics: fundraising announcement market reaction Poet Technologies Q1 earnings report

Read the full article at Motley Fool

More World news