NYSE:WOLF - New York Stock Exchange, Inc. - US2254471012 - Common Stock - Currency: USD
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David Emerson will lead operations, supply chain, and quality as Wolfspeed scales silicon carbide production to meet growing demand in automotive, energy, and industrial sectors.
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Anxieties about Trump's budget bill and the US debt have helped push up US bond yields.
When most people think of electric vehicles, Tesla (TSLA) often comes to mind first, with BYD Co. (BYDDF) emerging as a significant global competitor. While BYD led in overall vehicle deliveries last year with over four million units, I remain optimistic about Tesla’s long-term potential. I believe the market continues to undervalue Tesla’s strategic advantages, particularly in artificial intelligence, software monetization, and its positioning within a potentially favorable regulatory environme
Anxieties about Trump's budget bill and the US debt have helped push up US bond yields.
Wolfspeed reportedly is considering filing for bankruptcy within weeks as it struggles with mounting debt.
Wolfspeed's high debt load has put the company at risk of bankruptcy. Wolfspeed (NYSE: WOLF) was trading around $0.97 per share at 10 a.m. Wednesday. Shares had dropped 69% from Tuesday's close after a Wall Street Journal report Tuesday evening that the company is considering filing a "prepackaged" Chapter 11 bankruptcy plan.
A Wall Street Journal report said the move may have been to tackle the upcoming debt maturities that could affect its ability to secure up to $750 million in government funding under the 2022 Chips Act.
A Wall Street Journal article citing sources with knowledge of the situation claims that Wolfspeed, Inc. (NYSE:WOLF) is getting ready to declare Chapter 11 bankruptcy in the upcoming weeks. After turning down several out-of-court restructuring proposals, the semiconductor manufacturer is moving forward with a court-supervised process backed by the majority of its creditors. Following the […]
Traders ramped up bearish bets Tuesday on Wolfspeed Inc., before the Wall Street Journal reported after regular market hours that the ailing chip component maker is preparing to file for bankruptcy protection within weeks.
- DIA led inflows on Monday as the Dow advanced 137 points. - U.S. equity ETFs saw $7.5B in outflows despite the market's resilience.
(Reuters) -Semiconductor supplier Wolfspeed (WOLF) is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter.
Burning the candle at both ends can have serious consequences.
Mounting debt, slowing material sales and funding setbacks cloud Wolfspeed's path to profitability, raising concerns over its financial stability.
NEW YORK (Reuters) -Activist investor Jana Partners, which last year pushed Wolfspeed to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer maker, according to a regulatory filing made on Thursday. Wolfspeed said last week it is considering bankruptcy and has seen its shares lose nearly 92% of their value in the last five years to trade at $3.77 now. Jana's regulatory filing shows it sold nearly 5 million Wolfspeed shares during the first quarter of 2025.