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POET Technologies Stock Plunges After Marvell Deal Loss
POET Technologies' stock experienced a nearly 50% drop after its relationship with Marvell Technology soured, resulting in the loss of a significant deal. Marvell Technology's stock also saw a decline following the news.
27 Apr, 15:44 — 27 Apr, 18:36
The Story
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Moderate (46/100)3 sources25/33
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seeking-alpha
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Sources
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marketwatchMostly Factual4d ago
Poet Technologies’ stock craters nearly 50% in record drop, as Marvell relationship sours
Investors are dumping the Poet shares after the company disclosed that chip maker Marvell is walking away from a key AI partnership.
By Christine Ji
Read full article →seeking-alphaMixed4d ago
POET Technologies crashes as it loses deal with Marvell
Read full article →Coverage Timeline
First report: seeking-alpha · 27 Apr, 15:44|Full coverage: 3 · 3h|Window: 3h
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