Wolfspeed(WOLF)
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RETURN OF THE WOLF: North America's Longest Inverted Family Coaster Unleashes Chaos at Busch Gardens Williamsburg - Coming in 2025
Prnewswire· 2024-10-22 19:00
Adventure awaits as guests embark on The Big Bad Wolf: The Wolf's Revenge, an immersive journey through a Bavarian village Members will be among the first to ride the all-new roller coaster in 2025DOWNLOAD MEDIA ASSETS HEREWILLIAMSBURG, Va., Oct. 22, 2024 /PRNewswire/ -- Darkness descends upon Busch Gardens Williamsburg in 2025 as the park unveils its newest and most immersive family attraction yet – North America's longest family inverted coaster, The Big Bad Wolf: The Wolf's Revenge! Set in a bustling Bav ...
Why Wolfspeed Rocketed Over 41% Just This Week
The Motley Fool· 2024-10-18 13:20
Wolfspeed's beaten-down shares saw a short-covering rally, thanks in part to the U.S. government. Shares of chipmaker Wolfspeed (WOLF 1.95%) rocketed 41.2% this week through Thursday trading, according to data from S&P Global Market Intelligence. Shares were down more than 80% on the year as of last week, and had garnered a very high short interest. Therefore, any good news had the potential to spark a vicious short-covering rally. Wolfspeed then got not one but several pieces of good news on Tuesday and We ...
Wolfspeed: Set Up For Big Future
Seeking Alpha· 2024-10-17 19:15
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Why Wolfspeed Stock Blasted Higher (Again) Today
The Motley Fool· 2024-10-16 17:38
The silicon carbide semiconductor specialist's relentless rebound continues. Shares of Wolfspeed (WOLF 19.86%) continued their remarkable recovery on Wednesday, soaring by as much as 19.5%. As of 12:35 p.m. ET, the stock was still up 17.8%. The catalyst that sent the semiconductor specialist higher was a vote of confidence from a Wall Street analyst. A rapid ascent Morgan Stanley's Joseph Moore raised his price target on Wolfspeed to $15 from $10, though he maintained an equal weight (hold) rating on the sh ...
Wolfspeed Stock Soars as Semiconductor Maker Gets CHIPS Act, Apollo Financing
Investopedia· 2024-10-15 17:01
Key Takeaways Wolfspeed said it could get up to $2.5 billion from government and investor money infusion. The semiconductor maker received a proposed $750 million from the CHIPS Act, and could also realize $1.0 billion in tax breaks. An investor group led by Apollo is also injecting $750 million in Wolfspeed. Shares of Wolfspeed (WOLF) soared nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much as $2.5 billion in funding under the CHIPS and Science Act of 2022, an ...
A ‘hidden gem' semiconductor stock is skyrocketing – Here's why
Finbold· 2024-10-15 13:14
With the semiconductor space ranking among the most rewarding segments of the stock market in recent months, Wolfspeed (NYSE: WOLF) is emerging as a real 'hidden gem' in the sector. Indeed, WOLF ended the latest trading session valued at $11.38, with minimal losses of 0.87% for the day. However, the equity has generally been bullish in recent weeks, surging by over 38% in the past month. This bullish outlook is replicated before the October 15 trading session, where WOLF's share price is up over 32% in pre- ...
Strength Seen in Wolfspeed (WOLF): Can Its 20.8% Jump Turn into More Strength?
ZACKS· 2024-10-14 15:35
Wolfspeed (WOLF) shares ended the last trading session 20.8% higher at $11.48. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18% gain over the past four weeks. Wolfspeed is benefiting from its transformation into a pure-play silicon carbide provider through portfolio optimization initiatives that concluded with the sale of its RF business. This maker of energy-efficient lighting is expected to post quarterly loss ...
Why Wolfspeed Rocketed 20% Higher Today
The Motley Fool· 2024-10-11 20:25
The beaten-down silicon carbide stock rallied as a sell-side analyst became upbeat on customer wins. Shares of beleaguered chipmaker Wolfspeed (WOLF 20.84%) rocketed 20% higher on Friday as of 3:54 p.m. EDT. Wolfspeed, which had seen its stock crash 93% off its 2021 highs, was perhaps due for a bounce on any good news. And some good news came today on the back of positive sell-side analyst commentary and hopes for new customer wins. Roth/MKM thinks Wolfspeed is landing new customers In a note today, sell-si ...
Wolfspeed: Undervalued Despite Competition In SiC
Seeking Alpha· 2024-10-08 05:12
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Why Wolfspeed Plunged This Week
The Motley Fool· 2024-10-03 19:36
Shares of the EV chipmaker fell amid market turmoil and a Wall Street downgrade. Shares of silicon carbide producer Wolfspeed (WOLF -7.16%) fell hard this week, down 16.7% through 3:13 p.m. EDT Thursday, according to data from S&P Global Market Intelligence. Wolfspeed has had a tough year, down 80.3% in 2024. So, this week's slide was pretty much a continuation of the negative trends affecting it all year. On top of that, a Wall Street analyst downgraded shares Thursday, adding insult to injury. Mizuho grow ...