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Why Poet Technologies Skyrocketed 72.6% Last Month But Is Sinking in June
Key takeaways
- NVDA ^GSPC POET ^IXIC Poet Technologies (NASDAQ: POET) stock rocketed higher across May s trading, gaining 72.6% over the period.
- Semiconductor and photonics stocks enjoyed very strong bullish momentum last month, and Poet benefited from the favorable valuation backdrop.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA ^GSPC POET ^IXIC Poet Technologies (NASDAQ: POET) stock rocketed higher across May s trading, gaining 72.6% over the period. The S&P 500 rose 5.2% over the same stretch, and the Nasdaq Composite gained 8.4%.
Semiconductor and photonics stocks enjoyed very strong bullish momentum last month, and Poet benefited from the favorable valuation backdrop. The company s share price has been highly volatile in 2026, but it s still up roughly 87% year to date.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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