financetom
Business
financetom
/
Business
/
POET Technologies Stock Continues To Rise: What's Fueling The Momentum?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
POET Technologies Stock Continues To Rise: What's Fueling The Momentum?
Sep 24, 2025 8:21 AM

Shares of POET Technologies Inc. ( POET ) are up Wednesday on continued momentum after the company shared Tuesday that it received a significant order for one of its technologies. POET, which is based in Toronto, produces infrastructure critical to data centers.

What To Know: POET is up more than 20% over the past two trading sessions. The company announced on Tuesday that it received an initial production order for its optical engines from one of its lead customers. The order is valued in excess of $500,000.

The initial production order is scheduled to be shipped in early 2026, and production is expected “to grow to high volumes” as the year progresses. Data centers, like the ones POET creates technology for, are important for artificial intelligence (AI) as training and developing AI models requires a large amount of computing power.

The company’s CEO, Suresh Venkatesan, said in a Tuesday press release that he will be meeting daily with current and prospective customers at an upcoming convention in Copenhagen centered on optical communications.

“We’re excited to be in the spotlight to discuss our technology and our progress in detail as POET enters into volume production of optical engines,” Venkatesan said.

POET also announced this week that it was nominated for an ECOC Award for “Most Innovative Hybrid PIC/Optical Integration Platform.” Awards will be announced on Sept. 30.

How To Buy POET Stock

By now you're likely curious about how to participate in the market for POET Technologies ( POET ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Price Action: POET Technologies ( POET ) shares were up 3.41%, trading at $6.20 at the time of publication on Wednesday, according to Benzinga Pro.

Read Next:

Plug Power, FuelCell, Bloom Energy Surge As AI Hype Meets Hydrogen Power

Image: KM Stock/Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Entrepreneur Frank McCourt to Put Together Investor Group to Buy TikTok
Entrepreneur Frank McCourt to Put Together Investor Group to Buy TikTok
May 15, 2024
07:52 AM EDT, 05/15/2024 (MT Newswires) -- Entrepreneur Frank McCourt said Wednesday that his nonprofit Project Liberty initiative is organizing an investor group to acquire social media platform TikTok in the United States. Project Liberty will work with investment bank Guggenheim Securities, law firm Kirkland & Ellis, as well as technologists, academics, community leaders, parents and engaged citizens, McCourt said....
Why Is Pixelworks Stock Diving Premarket Wednesday?
Why Is Pixelworks Stock Diving Premarket Wednesday?
May 15, 2024
Pixelworks, Inc. ( PXLW ) shares are trading lower after the company’s soft second-quarter guidance. Revenue for the first quarter increased 61% Y/Y to $16.05 million, marginally beating the consensus of $16.00 million, driven by strong growth in mobile revenue. Mobile revenue grew almost 3x Y/Y to $9.8 million, reflecting increased shipments of X-series visual processors for smartphones and an expanded number of TrueCut Motion engagements. Adjusted gross profit margin stood...
Arcos Dorados Q1 Earnings Decline, Revenue Rises
Arcos Dorados Q1 Earnings Decline, Revenue Rises
May 15, 2024
07:50 AM EDT, 05/15/2024 (MT Newswires) -- Arcos Dorados Holdings ( ARCO ) reported Q1 earnings Wednesday of $0.14 per share, down from $0.18 a year earlier. A single analyst polled by Capital IQ expected $0.17. Revenue for the quarter ended March 31 was $1.08 billion, up from $990.8 million a year earlier. Three analysts polled by Capital IQ expected...
Perspective Therapeutics Swings to Loss in Q1, Revenue Rises
Perspective Therapeutics Swings to Loss in Q1, Revenue Rises
May 15, 2024
07:49 AM EDT, 05/15/2024 (MT Newswires) -- Perspective Therapeutics ( CATX ) reported a Q1 loss Wednesday of $0.02 per diluted share, compared with breakeven a year earlier. Five analysts polled by Capital IQ expected a loss of $0.03. Revenue for the quarter ended March 31 was $325,000, compared with $233,000 a year earlier. Five analysts surveyed by Capital IQ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved