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Wolfspeed Shares Soar

Wolfspeed Shares Jump on Bold Chapter?11 Debt-Cut Strategy

Under the plan, Wolfspeed expects to emerge from bankruptcy by the end of the third quarter, subject to court approval and creditor support. Creditors representing a majority of i

Reuters on MSN · 19h

Wolfspeed files for bankruptcy protection to cut worsening debt, shares jump

Wolfspeed said on Monday it has filed for Chapter 11 bankruptcy protection, as the chipmaker grapples with huge debt amid slowing demand from electric vehicle and industrial markets.

MarketWatch · 18h

Wolfspeed Shares Soar After Chapter 11 Bankruptcy Filing

Shares of Wolfspeed climbed after the company filed a prepackaged Chapter 11 bankruptcy to restructure its debt. The stock rose 90% to 76 cents in after-hours trading following the filing on Monday. Shares dropped to 52-week low of 39 cents in the market session and have plunged 94% this year.

3hon MSN

Wolfspeed Stock Soars 92%. Chip Supplier Finally Files Chapter 11 Bankruptcy.

The semiconductor component maker said it expected to emerge from Chapter 11 protection by the end of the third quarter.

Why Wolfspeed Stock Is Ripping Higher Today

Wolfspeed Inc (NYSE:WOLF) shares are trading higher Tuesday after the company initiated its pre-packed restructuring process, ...

What’s Happening With WOLF Stock?

The bankruptcy protection filing presents a tactical chance for Wolfspeed to realign its financial foundation.

20h

Wolfspeed Takes Next Step to Implement Restructuring Support Agreement and Proactively Strengthen Capital Structure

Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technologies, today announced that it has taken the next step to implement its previously announced Restructuring Support Agreement ...

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