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Key Points Wolfspeed has experienced a surge in trading activity after filing for bankruptcy protection.The company has a new ...
Key Points Wolfspeed stock saw huge sell-offs across the first half of the year as its financial outlook worsened. The company issued disappointing sales guidance for its next fiscal year, and it did ...
Wolfspeed stock rocketed higher in Monday and Tuesday's trading, but it saw big sell-offs later in the week. Wolfspeed stock ...
Wolfspeed (NASDAQ: WOLF), a pioneer in silicon carbide semiconductor technology for the electric vehicle market, is facing severe financial distress with its stock now down 42% year-to-date ...
So it is well-positioned to benefit from market growth. The recent decline in Wolfspeed's stock price has left the shares attractively valued on a price-to-sales basis.
Wolfspeed, Inc. (NYSE:WOLF) shares are trading higher Tuesday, adding to strong gains in recent weeks. The company's restructuring deal appears to have sparked renewed investor confidence.
A bit of context Wednesday's move continued Wolfspeed's relentless rise of late, as the stock has gained 63% over the past week and 86% over the past month.
Wolfspeed shares are rallying some 24% during Monday's session. The stock is now higher by 68% over the past week, despite a lack of any new company-specific news.
Wolfspeed maintains the largest market share in SiC materials, supported by long-term contracts. See why WOLF stock is a Buy.
The market may not have the same confidence, with Wolfspeed generating $100 million in quarterly losses on top of the large capex spend.
A bit of context Wednesday's move continued Wolfspeed's relentless rise of late, as the stock has gained 63% over the past week and 86% over the past month.
Wolfspeed's shares have slumped more than 80% this year as the firm shifted its long-term strategy. The company is focused on the growing silicon carbide market, and was awarded CHIPS Act funding ...
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