Why Poet Technologies Stock Is Plummeting Today
Poet Technologies (NASDAQ: POET) stock is getting hit with a big valuation pullback in Thursday's trading. The company's share price was down 7.3% as of 2:30 p.m. ET and had been down as much as 15.7% earlier in the day.
Poet's valuation is taking a big step back today as investors react to a big quarterly report in the software industry and other catalysts. Despite the big pullback today, Poet stock is still up 61% over the last week of trading.
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Source Fool.com
