Poet Technologies Gains Modestly Amid AI Stock Pressures
Despite a broader downturn in optics and networking stocks due to negative reactions to Broadcom and Ciena’s earnings reports, Poet Technologies (POET) posted a modest 0.6% gain on Thursday. The stock initially dropped as much as 10.6%, but recovered after some investors viewed the pullback as an opportunity.
Topics: Broadcom Ciena earnings reports Poet Technologies stock market reaction