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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With POET Technologies Stock Thursday?

POET POET Technologies POET Technologies Inc
Binary,Options,Chart

Shares of POET Technologies Inc (NASDAQ:POET) are trading lower Thursday morning after a strong rally earlier in the week. Here’s what investors need to know.

What To Know: The surge was fueled by the announcement of a $75 million private placement with a single institutional investor, the largest single investment in the company’s history. The financing sparked speculation that the company could announce an investment from a big AI name.

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