Why Poet Technologies Stock Skyrocketed Today
After a pullback in yesterday's trading, Poet Technologies (NASDAQ: POET) stock went on to deliver a massive rally in Friday's trading. The tech company's share price gained 28.8% in a day of trading that played host to an 0.8% gain for the S 500 and a 1.6% gain for the Nasdaq Composite.
While the market bristled at ServiceNow's quarterly results yesterday and broadly sold out of software and technology stocks, the trend proved to be short-lived. Friday delivered a big rebound rally for the tech sector, and the trend helped reignite a powerful bullish rally for Poet stock. The company's share price climbed 120.5% over the last week.
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Source Fool.com
ServiceNow Inc. Stock
€99.04
-2.380%
With 120 Buy predictions and 4 Sell predictions ServiceNow Inc. is one of the favorites of our community.
As a result the target price of 131 € shows a positive potential of 32.27% compared to the current price of 99.04 € for ServiceNow Inc..
