• POET is trading at $11.37 (up 5.9%) as the semiconductor sector stabilizes after a period of significant volatility in June 2026.
  • This rebound occurs while the company faces multiple ongoing class action lawsuits, actively reported on June 23-24, 2026, concerning alleged tax misrepresentations and a significant order cancellation by Marvell/Celestial AI in April 2026.
  • The upward move appears to be a technical recovery following a sharp drop over the past week, driven by broader market sentiment rather than new positive company-specific catalysts today.