If you're tracking tech stocks, you might have seen POET Technologies making waves, especially after a recent short report. But beyond the stock volatility, there's a fascinating story about how they're trying to revolutionize data communication with light.
POET Technologies' stock has been volatile recently, partly due to a short seller report questioning its technology and business model.
On May 15, 2024, Spruce Point Capital Management published a detailed report alleging POET's technology was unproven and its valuation inflated.