Poet Technologies Crashed Again Today -- Is the AI Stock a Buy on the Pullback?

Poet Technologies (NASDAQ: POET) stock got hit with another round of crushing sell-offs in Wednesday's trading. The company's share price ended the daily session down 17.8% despite a relatively calm backdrop for the broader market. The S&P 500 index and the Nasdaq Composite each closed out the session roughly flat. Poet stock has taken investors on a rollercoaster of volatility recently, with shares more than doubling last week on news that the company had secured a substantial contract order through Celestial AI -- a company acquired by Marvell earlier this year. Those gains have been erased this week following news that Marvell had canceled the contract order for Poet's hardware.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool