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POET Technologies shares slide on $400M offering, Q1 earnings miss
Proactive127d agobearish
POET Technologies shares slide on $400M offering, Q1 earnings miss

POET Technologies Inc (TSX-V:PTK, NASDAQ:POET, FRA:RI4A) stock fell about 12% on Friday following the announcement of a $400 million registered direct offering and weaker-than-expected first quarter earnings. The company, which designs and develops Photonic Integrated Circuits (PICs), light...