POET Technologies Stock Is Surging Monday: What Investors Need To Know

benzinga_article
2026.06.15 18:27
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POET Technologies (NASDAQ: POET) shares surged 15.80% to $14.51 on Monday, driven by broad tech-sector momentum rather than company-specific news. The rally was fueled by a US-Iran peace deal that lowered oil prices and inflation anxieties, alongside declining Treasury yields, which benefit growth-oriented tech stocks. Technical indicators show the stock remains in an uptrend, with neutral RSI suggesting room for further gains before key resistance at $15.50.