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Wolfspeed ( WOLF -61.34%) was trading around $0.97 per share at 10 a.m. Wednesday. Shares had dropped 69% from Tuesday's close after a Wall Street Journal report Tuesday evening that the company is ...
improve its finances and cope with growth woes Wolfspeed Inc. reported fiscal third-quarter earnings in line with expectations, but uncertainty over a restructuring of its finances has investors ...
NEW YORK (Reuters) -Activist investor Jana Partners, which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer ...
With numerous stronger investment alternatives available in the current market, potential investors should carefully weigh whether Wolfspeed represents a turnaround opportunity or a continued ...
Shares of Durham-based chipmaker Wolfspeed plunged in after-hours trading Thursday and slid again Friday after the company told investors that it is considering a variety of options — including ...
In an email Friday, Wolfspeed head of investor relations Tyler Gronbach said the “in-court” language conveyed the company’s belief that it “will likely need a comprehensive solution to ...
Investors and analysts reacted immediately to Wolfspeed's revelation. The price of Wolfspeed's common stock declined dramatically. From a closing market price of $13.71 per share on November 6 ...
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