🔴 POET is trading 6.8% down today on litigation overhang and revenue visibility concerns

POET is trading 6.8% down today at $8.80 as investors react to ongoing securities class action litigation and revenue visibility concerns.

• The stock is facing pressure ahead of a June 29, 2026, lead-plaintiff deadline related to ongoing securities litigation.
• Sentiment remains fragile following the loss of Celestial AI purchase orders after Marvell’s cancellation, extending a multi-session slide despite a positive broader market backdrop.