POET Technologies Inc
NASDAQ:POET
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POET's latest stock split occurred on Feb 28, 2022
The company executed a 1-for-10 stock split, meaning that for every 10 shares held, investors received 1 new share.
Before the split, POET traded at 0.66 per share. Afterward, the share price was about 8.11.
The adjusted shares began trading on Feb 28, 2022. This was POET's 2nd stock split, following the previous one in Sep 25, 2006.
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POET Technologies Inc
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POET Technologies, Inc. engages in the designing, developing, manufacturing and sale of opto-electronic solutions for the sensing, data communications and telecommunications markets. The company is headquartered in Toronto, Ontario. The company went IPO on 2007-06-26. The firm has developed and is marketing its Planar Opto-Electronic Technology (POET) Optical Interposer platform, which utilizes a waveguide technology that allows the integration of electronic and photonic devices into a single multi-chip module. Its Optical Interposer is a platform technology, which multiple applications can be based, including transceivers for data and telecommunications, integrated photonics on electronic switching devices, components for the networking and cellular markets, automotive light detection and ranging (LIDAR) and a range of sensing and other applications using light as a medium for data transmission. Its LightBar and LightBar-C products as multiplexed light source products operating in the O-band for data communications applications and the C-band for sensing and computing applications.
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