POET Technologies Inc.
Securities Class Action
Company Name: POET Technologies Inc. (POET)
Download ComplaintApril 1, 2026 - April 27, 2026
June 29, 2026|62 days left
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Allegations
On April 27, 2026, Investing.com published an article entitled “POET Technologies stock tumbles after losing Marvell orders.” The article reported that POET stock fell “after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET in a press release on April 25, 2023. Marvell cited the company’s disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations.” On this news, POET’s stock price fell $7.15 per share, or 47.35%, to close at $7.95 per share on April 27, 2026.
Lead Plaintiff
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