Poet Technologies Rose Today Despite Pressures for AI Stocks -- Is It a Buy Right Now?
Source: Motley Fool
2026-06-04 18:46:20 ET
Poet Technologies (NASDAQ: POET) managed to post a modest gain on Thursday despite bearish trading for optics and networking technologies stocks. The company's share price closed out the day up roughly 0.6%.
Poet stock battled back from early sell-offs connected to the market's negative reaction to earnings reports from Broadcom and Ciena . The company's share price had been down as much as 10.6% early in the day's trading, but it bounced back as some investors reassessed the situation and treated the pullback as a buying opportunity.
Image source: Getty Images.
Ciena Corporation
NASDAQ: CIEN
CIEN Trading
-3.88% G/L:
$507.95 Last:
2,753,232 Volume:
$512.31 Open:
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CIEN Stock Data
$41,570,880,505
139,446,188
0.42%
370
N/A
Hardware & Equipment
Technology
US
Hanover
