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Benzinga
Benzinga
Business
Alex Perry

POET Technologies Stock Continues To Rise: What's Fueling The Momentum?

POET POET Technologies POET Technologies Inc Toronto
Data,Centers,Filled,With,Rows,And,Rows,Of,Servers,As

Shares of POET Technologies Inc. (NASDAQ:POET) are up Wednesday on continued momentum after the company shared Tuesday that it received a significant order for one of its technologies. POET, which is based in Toronto, produces infrastructure critical to data centers.

What To Know: POET is up more than 20% over the past two trading sessions. The company announced on Tuesday that it received an initial production order for its optical engines from one of its lead customers. The order is valued in excess of $500,000.

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