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Wolfspeed (WOLF) shares cratered 40% during post-market trading on Tuesday after the Wall Street Journal reported the ...
Wolfspeed (WOLF) makes silicon-carbide technology that is used in automobiles, as well as in other chip components. Even ...
Wolfspeed faces steep losses, rising debt, and restructuring challenges amid stalled revenue growth and no Q4 guidance. Learn why WOLF stock is a hold.
The chip company is looking at a Chapter 11 plan after passing on other debt-restructuring proposals ... among other efforts. As of March 31, Wolfspeed said it had $1.3 billion in cash - but ...
These changes occur as Wolfspeed continues to engage with lenders to improve its capital structure amid ongoing financial restructuring efforts. This article was generated with the support of AI ...
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE ... industry experience and deep expertise in accounting, finance and restructuring. Their backgrounds position them well to help the Board ...
Wolfspeed Inc. reported fiscal third-quarter earnings in line with expectations, but uncertainty over a restructuring of ... in addition to current efforts, including cutting 30% of its senior ...
including a 25% workforce reduction and strategic restructuring efforts. Citi analysts recently cut the price target for Wolfspeed shares to $3.00 from $7.00, maintaining a Sell rating due to ...
"We appreciate his commitment to staying on to support our efforts to strengthen the ... and potential increases to its restructuring costs; Wolfspeed’s ability to obtain additional funding ...
Despite the EPS beat, the company is facing significant challenges, including a 25% workforce reduction and strategic restructuring efforts. Citi analysts recently cut the price target for Wolfspeed ...