Shares of Wolfspeed (WOLF -1.66%) are down 98% since the company began trading under the WOLF ticker in 2021. The company is working with creditors to restructure its massive debt through the Chapter 11 bankruptcy process.
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced the appointment of Bret Zahn as Vice President and General Manager of their Automotive business as the company continues to enhance its leadership team amid its strategic expansion in high-growth markets. This appointment reflects Wolfspeed's continued commitment to enabling the next generation of electric vehicles (EVs...
Wolfspeed, Inc. is a semiconductor company that is undergoing a Chapter 11 bankruptcy restructuring thanks to the help of Apollo Global Management and a $1.25 billion secured note with an option for $750 million more.
Shares of Wolfspeed (WOLF 20.42%) are jumping on Wednesday, up 23.6% as of 3:02 p.m. ET. The rise comes as the S&P 500 (^GSPC 0.74%) and Nasdaq Composite (^IXIC 0.54%) gained 0.6% and 0.5%, respectively.
Wolfspeed (WOLF 3.60%) has been one of the most volatile stocks on the market this year. As of Monday's close, it was down around 80% since the start of the year, and in the early stages of Chapter 11 bankruptcy proceedings.
Wolfspeed (WOLF 8.74%) stock posted substantial gains in Tuesday's trading. There wasn't any new, business-specific news pushing the silicon-carbide specialist's valuation higher, but its share price gained 8.4% today thanks to speculative momentum, chip industry news, and investors gambling on the company's bankruptcy proceedings.
Wolfspeed (WOLF 6.99%) stock saw massive sell-offs across the first half of this year's trading. The company's share price fell 94% across the first six months of 2025, according to data from S&P Global Market Intelligence.
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