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Technology Stocks : Wolf speed
WOLF 30.76-0.4%Oct 28 3:59 PM EDT

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OldAIMGuy
From: Ron5/20/2025 11:22:13 PM
1 Recommendation  Read Replies (1) of 10711
 
Shares of Wolfspeed, Inc. (WOLF), a manufacturer of wide bandgap semiconductors, plummeted in Tuesday’s after-hours session amid reports of a Chapter 11 bankruptcy filing.

By late Tuesday, the 24-hour message volume on the Wolfspeed stream on Stocktwits jumped over 352%.

A Wall Street Journal report, citing people familiar with the matter, said the Durham, North Carolina-based company was eyeing a prepackaged bankruptcy filing within weeks. According to the report, most of the company’s creditors will likely support the proceedings.

stocktwits.com
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