Why Is POET Technologies Stock Surging On Tuesday?

Benzinga04-22 00:15

POET Technologies Inc (NASDAQ:POET) shares jumped over 21% on Tuesday, reaching a new 52-week high of $11.09. This rally follows a recovery from a recent short-seller report by Wolfpack Research. POET...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629705677?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/04/21/Investors-Show-Virtual-Screen-Stock-Mark.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2026-04-22 00:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629705677","market":"sh","top_or_hot":-1,"title":"Why Is POET Technologies Stock Surging On Tuesday?","media":"Benzinga","content":"<div>\n<p>POET Technologies Inc (NASDAQ:POET) shares jumped over 21% on Tuesday, reaching a new 52-week high of $11.09. This rally follows a recovery from a recent short-seller report by Wolfpack Research.\nPOET...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51946850/why-is-poet-technologies-stock-surging-on-tuesday\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is POET Technologies Stock Surging On Tuesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is POET Technologies Stock Surging On Tuesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-22 00:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/26/04/51946850/why-is-poet-technologies-stock-surging-on-tuesday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>POET Technologies Inc (NASDAQ:POET) shares jumped over 21% on Tuesday, reaching a new 52-week high of $11.09. This rally follows a recovery from a recent short-seller report by Wolfpack Research.\nPOET...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51946850/why-is-poet-technologies-stock-surging-on-tuesday\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4141","symbol_name":"半导体产品","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/04/51946850/why-is-poet-technologies-stock-surging-on-tuesday","article_id":"2629705677","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/21/Investors-Show-Virtual-Screen-Stock-Mark.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/trading-ideas/movers/26/04/51946850/why-is-poet-technologies-stock-surging-on-tuesday","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2629705677","pubTimestamp":1776788100,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"POET Technologies shares are surging. CFO Thomas Mika calls short-seller reports a \"nothing burger\" in an exclusive interview.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4141":"半导体产品","POET":"POET Technologies Inc"},"translate_title":"为什么POET Technologies股价周二飙升？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POET":1.5},"content_text":"POET Technologies Inc (NASDAQ:POET) shares jumped over 21% on Tuesday, reaching a new 52-week high of $11.09. This rally follows a recovery from a recent short-seller report by Wolfpack Research.\nPOET CFO Thomas Mika called short sellers \"maggots\" during a discussion with Stocktwits. He accused the firm of timing its report to create anxiety before Tax Day.\nWolfpack alleged POET's status as a Passive Foreign Investment Company would create a \"tax nightmare.\" Mika told Stocktwits the warning was a \"big nothing burger.\" \nHe explained the company was in a net loss position. Therefore, U.S. shareholders had nothing to declare.\nOn March 31, POET reported quarterly losses of 32 cents per share. This missed the analyst estimate of 9 cents. Sales of $341,202 also fell short of the $400,000 consensus, according to Benzinga Pro. \nThe company is busy expanding its AI footprint through a partnership with Lessengers. The duo aims to develop 1.6T optical transceiver modules. These modules target high-density AI data center networks. Samples are expected to be available by the second quarter of 2026.\nPOET Stock Price Activity: POET Technologies shares were up 20.60% at $10.36 at the time of publication on Tuesday, according to Benzinga Pro data.\nPhoto by Thapana_Studio via Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629705677","isCrawlerRequest":true}