Wolfspeed Inc. (WOLF) News

Wolfspeed Inc. (WOLF): $13.71

0.84 (+6.53%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

F

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Latest WOLF News From Around the Web

Below are the latest news stories about WOLFSPEED INC that investors may wish to consider to help them evaluate WOLF as an investment opportunity.

Wolfspeed Completes Sale of RF Business to MACOM

DURHAM, N.C., December 04, 2023--Wolfspeed, Inc. (NYSE: WOLF) today announced it completed the sale of its radio frequency business ("Wolfspeed RF") to MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) effective December 2, 2023. Under the transaction terms, Wolfspeed received approximately $75 million in cash, subject to a customary purchase price adjustment, and 711,528 shares of MACOM common stock, which shares had a market value of approximately $60.8 million based on the closing pric

Yahoo | December 4, 2023

Wolfspeed To Participate in Upcoming Investor Conferences

DURHAM, N.C., November 27, 2023--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, chief financial officer, will be participating in fireside chats at two upcoming investor conferences in November:

Yahoo | November 27, 2023

3 Tattered Tech Stocks With Zero Hope Left

Despite the market entering a rally, these tech stocks have zero hope for the remainder of the year and perhaps beyond.

Tyrik Torres on InvestorPlace | November 15, 2023

Heard on the Street Recap: Tricks and Treats

Tuesday featured some big frights and big delights for investors. The pleasant surprises included Pinterest, whose shares [soared 19%](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-31-2023/card/pinterest-stock-pops-after-social-media-company-s-results-top-forecasts-KobA28aaMAeaagswsbie?mod=djemHeardEUH) after the company reported better-than-expected results despite a soft advertising market.

Yahoo | November 1, 2023

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday

It's time for another busy day of trading as we go over the biggest pre-market stock movers worth watching on Tuesday morning!

William White on InvestorPlace | October 31, 2023

Auto-Industry Chip Makers Are Being Driven in Opposite Directions

After two seemingly conflicting earnings reports this week, investors can be forgiven some confusion. ON Semiconductor—better known as OnSemi—saw its shares slide more than 20% on Monday following a disappointing third-quarter report. Wolfspeed saw its share price jump 20% Tuesday morning following its own results for the same period.

Yahoo | October 31, 2023

Wolfspeed stock soars on record fiscal Q1 revenue, growth

Shares of American chipmaker Wolfspeed (WOLF) are skyrocketing Tuesday morning after reporting fiscal first-quarter earnings for 2024, citing four percent year-over-year growth. Yahoo Finance Live observes Wolfspeed's stock action and Wall Street commentary on the semiconductor manufacturer's outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo | October 31, 2023

Chegg, Wolfspeed, BlackBerry: After-hours movers

Chegg (CHGG) shares dropped after the close. The education technology company reported third quarter results that were about in line with estimates. In a statement, CEO Dan Rosensweig highlighted the company's efforts to incorporate AI into its offerings. Wolfspeed (WOLF) shares soared after the tech firm reported fiscal first-quarter earnings that were better than expected, as was its second-quarter guidance. BlackBerry (BB) shares climbed after the company confirmed CEO John Chen will retire at the end of the week, ending his nearly 10-year tenure. Chen oversaw BlackBerry's pivot from smartphones to cybersecurity and IP software. Yahoo Finance's Julie Hyman breaks down the stocks that are moving in after-hours trading. For more expert insight and the latest market action, click here t...

Yahoo | October 30, 2023

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

DURHAM, N.C., October 30, 2023--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.

Yahoo | October 30, 2023

Silent Movers: 7 Under-the-Radar Tech Stocks You Need to Start Watching

With so many high-flying innovators feeling some corrective heat, now’s the time to consider under-the-radar tech stocks.

Josh Enomoto on InvestorPlace | October 24, 2023


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