Why Poet Technologies Stock Crashed This Week
Key takeaways
- Keith Noonan, The Motley Fool Mon, May 4, 2026 at 12:16 AM GMT+7 3 min read MRVL POET After huge gains in last week s trading, Poet Technologies (NASDAQ: POET) stock got hit with a massive pullback this week.
- Poet stock has seen incredible volatility over the last couple of weeks in conjunction with developments connected to orders the company was supposed to have with a potentially crucial customer.
- Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
Keith Noonan, The Motley Fool Mon, May 4, 2026 at 12:16 AM GMT+7 3 min read MRVL POET After huge gains in last week s trading, Poet Technologies (NASDAQ: POET) stock got hit with a massive pullback this week. The fiber-optics specialist s share price fell 51.6% over the period.
Poet stock has seen incredible volatility over the last couple of weeks in conjunction with developments connected to orders the company was supposed to have with a potentially crucial customer. The company s share price more than doubled on an apparent confirmation that the tech specialist had a contract with Marvell Technology, but its valuation gave up all of the gains after it was revealed that Marvell had backed out of the deal.
Will AI create the world s first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue »