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Technology Stocks : Wolf speed
WOLF 29.73-3.3%2:40 PM EDT

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To: Ron who wrote (10700)9/29/2025 1:20:19 PM
From: Sam  Read Replies (2) of 10711
 
This is what caused a "surge" in the stock price? What is wrong with people?!

Shareholders will receive new common stock in the reorganized company. However, the restructuring involves significant dilution, with current shareholders set to receive only 3-5% of the new equity as creditors take majority ownership.

The massive debt reduction sparked speculative trading, fueling the dramatic price surge amid several trading halts Monday morning.
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