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Technology Stocks : Wolf speed
WOLF 30.76-0.4%9:30 AM EDT

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From: teevee9/29/2025 6:11:09 PM
   of 10711
 
old stock was cancelled today. Will be interesting to see how the trades are dealth with because those who sold, sold cancelled shares.

Conversion is .008352 new shares for each old share (about 119.732 old shares for 1 new share) and the old share capitalization of about 156.48 million shares is now about 25.84 million shares.

If the asset value of the company is equal to replacement value less, then the company is worth about $5 billion or about $193/ new share.

If the metrics are tied to existing cash flow, sales etc, the shares will be worth considerably less.
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