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POET

POET Tech fell 9.72%; Micron Technology fell 13.25%, with a transaction volume of USD 49.4 billion; NVIDIA fell 3.55%, with a transaction volume of USD 18.8 billion; Intel fell 5.54%, with a transaction volume of USD 13.4 billion; TSMC fell 6.20%, with a market value of USD 2.28 trillion

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POET Tech

Micron Tech

NVIDIA

Intel

Taiwan Semiconductor

U.S. stock market midday update: POET Tech down 9.72%, frequent class action lawsuits raise legal risk concerns

POEL

The Rosen Law Firm reminds POET Technologies Inc. (NASDAQ: POET) investors of the June 29, 2026 deadline to apply as lead plaintiff in a securities class action lawsuit. The suit alleges false statements regarding tax status, business agreements, and company prospects between April 1 and April 27, 2026. Investors with losses over $100K may seek compensation through a contingency fee arrangement.

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13:48 ETPOET Deadline: POET Investors with Losses in Excess of $100K Have Opportunity to Lead POET Technologies Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm

LITE

AXTI

COHR

MRVL

AAOI

During Monday (June 23) Eastern Time trading, most optical communications stocks declined. MRVL.US fell nearly 6% to $290.02, LITE.US dropped over 4% to $853.01, and COHR.US declined over 6% to $398.28.

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Lumentum

Corning

Coherent Corp.

Marvell Tech

Nokia Oyj

Applied Optoelectronics

Optical Communications Stocks Decline MRVL Falls Nearly 6%, LITE Drops Over 4%

Optical communications stocks traded lower in pre-market session, led by AXTI and MRVL with declines of nearly 8% and over 7% respectively. Mainstream names including LITE and COHR also dropped more than 5%, reflecting cautious market sentiment.

Optical Communications Stocks Decline Pre-Market; AXTI Down Nearly 8%, MRVL Falls Over 7%

The DJS Law Group has announced a class action lawsuit against POET Technologies Inc. (NASDAQ: POET) for alleged violations of federal securities laws, specifically §§10(b) and 20(a) of the Securities Exchange Act of 1934. The suit claims the company made false statements regarding its tax status and potential classification as a passive foreign investment company during the class period of April 1, 2026, to April 27, 2026. Investors who suffered losses are encouraged to contact the firm by the June 29, 2026 deadline.

03:56 ETPOET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POET

MVLL

MRVU

Faruqi & Faruqi, LLP reminds investors of the June 29, 2026 deadline to seek lead plaintiff status in a securities class action against POET Technologies (NASDAQ: POET). The lawsuit alleges executives made false statements regarding tax status and breached confidentiality by discussing business agreements publicly. Following news that Marvell canceled all purchase orders due to these violations, POET's stock dropped over 45% on April 27, 2026.

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07:12 ETPOET EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds POET Technologies (POET) Investors of Securities Class Action Lawsuit Deadline on June 29, 2026

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.

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NASDAQ-100

Trump Media & Tech

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

POET Tech rose 18.52%; Micron Technology rose 9.04%, with a transaction volume of $22.8 billion; NVIDIA rose 3.56%, with a transaction volume of $13.3 billion; Intel rose 3.04%, with a transaction volume of $8.893 billion; TSMC rose 3.77%, with a market value of $2.28 trillion

U.S. stock market midday update: POET up 18.52%: Analysts optimistic about 800G orders, but the shadow of a class-action lawsuit looms large

Optical communication stocks rally broadly. AXT (AXTI.US) up 16% leading, Marvell up 5% (2x ETF MVLL up 10%), AAOI up 7% (derivative AAOX up 14%), Coherent up 4%, POET up 5%. AI compute demand spills over to optical modules/components, resonating with semiconductor sector.

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NVIDIA Corporation

Optical Communication Stocks Rally, AXT (AXTI.US) Up 16%, AAOI Up 7%, Marvell Up 5%

The Schall Law Firm is seeking investors who purchased POET Technologies Inc. (NASDAQ: POET) securities between April 1, 2026, and April 27, 2026, to join a class action lawsuit. The suit alleges violations of the Securities Exchange Act due to false statements regarding the company's tax status as a PFIC and business prospects endangered by CFO Thomas Mika's actions. Investors are encouraged to contact the firm before June 29, 2026.

02:30 ETPOET Investors Have Opportunity to Lead POET Technologies Inc. Securities Fraud Lawsuit with the Schall Law Firm

Defiance Daily Target 2X Long POET ETF(POEL.US)