POET Technologies Inc is trading 4.6% up at $11.27 as the stock rebounds from a series of steep declines linked to legal and tax-related concerns.
- The move follows a stretch of sharp losses, including a 12.3% drop on June 9 and a 23.4% slide on June 5.
- Prior downward pressure was largely attributed to ongoing securities class-action litigation and PFIC-related issues weighing on investor sentiment.