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Stock impact report

Why Poet Technologies Stock Soared 16.2% in October [Yahoo! Finance]

POET Technologies Inc. (POET) 
Company Research Source: Yahoo! Finance
A customer placed a $5 million purchase order for Poet's Infinity optical engines. Shares of Poet have fared less well in November. 10 stocks we like better than Poet Technologies › Extending the momentum from its modest 3.4% rise in September, Poet Technologies (NASDAQ: POET) stock rise even higher last month thanks to the market's steadfast interest in artificial intelligence (AI) stocks. Investors celebrated the semiconductor company's success in improving its liquidity as well as its receipt of a notable production order for its optical engines. According to data provided by S&P Global Market Intelligence , shares of Poet Technologies rose 16.2% in October while the S&P 500 climbed 2.3%. Image source: Getty Images. The company logs a new record, so investors race to bid the AI stock higher Early in October, Poet Technologies announced that it had raised $75 million through issuing issued and selling 13,636,364 shares and one common share purchase warrant in a privat Show less Read more
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