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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Tweets Boar Hog who wrote (95365)9/29/2025 1:03:01 PM
From: Tweets Boar Hog  Read Replies (1) | Respond to of 97140
 
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Tweets

Yes, trading in Wolfspeed (NYSE:WOLF) was halted on September 29, 2025, by the New York Stock Exchange (NYSE) as part of its emergence from Chapter 11 bankruptcy, which involved the company reincorporating from North Carolina to Delaware. The halt was triggered by extreme volatility, with the stock's price surging over 1,100%. The "old" common stock is scheduled to be delisted on October 10, 2025.



Reasons for the Halt







What This Means for Investors






  • Delisting of Old Stock:

    The "old" common stock of Wolfspeed will be delisted from the NYSE on October 10, 2025.




  • New Common Stock:

    Shareholders will receive a fraction of the "new" common stock in the reorganized Wolfspeed, Inc., based in Delaware.




  • Future Trading:

    The "new" common stock will replace the "old" common stock, allowing for future trading after the delisting.