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  5. PTK: Fell about $1. [POET Technologies Inc.]
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Investment Q&A

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Q: Fell about $1.40 on Thursday ----Do you know the reason for that?

Asked by peter on November 03, 2023
5i Research Answer:

PTK on Nov 1 announced a public offering of stocks and warrants. The stock fell as investors gauged the likelihood of it selling new shares after a decline, in a tough market. The small cap market is very tough these days.