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MARCY, N.Y. -- Shares of Wolfspeed Inc. dropped by over 60% on Wednesday. Various financial publications are reporting that the company could file for bankruptcy in the coming weeks. MarketWatch ...
Susquehanna analysts noted earlier this month that "fundamentals remain weak for Wolfspeed as 200mm wafers from the JP fail to take off and demand for devices remains depressed." The company operates ...
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 ...
The Triangle semiconductor firm is headed toward bankruptcy within weeks, The Wall Street Journal reported, citing sources familiar with the matter.
Activist investor Jana Partners, which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its ...
Net Margin: Canadian Solar's net margin is impressive, surpassing industry averages. With a net margin of 2.23%, the company ...
Engineers at RMIT University in Melbourne, Australia have invented a tiny neuromorphic device, based on the 2D compound ...
We came across a bullish thesis on Wolfspeed, Inc. (WOLF) on Substack by LongYield. In this article, we will summarize the ...
Wolfspeed (NYSE:WOLF) has seen noteworthy developments recently with the election of Mark Jensen and Paul V. Walsh, Jr. to its Board of Directors, while simultaneously experiencing shifts in financial ...
Wolfspeed was downgraded by both JPMorgan (NYSE: JPM) and Citi to Underweight/Sell in notes Friday, citing worsening demand, ...
The Details: Wolfspeed reported quarterly losses of 72 cents per share, which beat the analyst consensus estimate of losses ...