POET Technologies is trading 5.5% down at $7.25 in pre-market, extending a multi-day pullback from its recent AI-driven rally and financing news.

  • The decline is primarily driven by investor concerns regarding share dilution from recent and proposed equity offerings.
  • A broader selloff in the semiconductor sector is weighing on the stock as investors reassess AI spending and chip valuations.
  • Profit-taking is contributing to the downward pressure following the stock's sharp gains earlier this month.