Why Poet Technologies Stock Skyrocketed Today
After a pullback in yesterday's trading, Poet Technologies (NASDAQ: POET) stock went on to deliver a massive rally in Friday's trading. The tech company's share price gained 28.8% in a day of trading that played host to an 0.8% gain for the S 500 and a 1.6% gain for the Nasdaq Composite.
While the market bristled at ServiceNow's quarterly results yesterday and broadly sold out of software and technology stocks, the trend proved to be short-lived. Friday delivered a big rebound rally for the tech sector, and the trend helped reignite a powerful bullish rally for Poet stock. The company's share price climbed 120.5% over the last week.
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Source Fool.com
ServiceNow Inc. Stock
€86.42
10.370%
Currently there is a rather positive sentiment for ServiceNow Inc. with 117 Buy predictions and 5 Sell predictions.
As a result the target price of 150 € shows a very positive potential of 73.57% compared to the current price of 86.42 € for ServiceNow Inc..
