Wolfspeed(WOLF)

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Levi & Korsinsky Reminds Wolfspeed Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 17, 2025 – WOLF
Accesswire· 2024-11-19 00:50
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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Wolfspeed, Inc. (WOLF)
GlobeNewswire News Room· 2024-11-18 22:12
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of New York on behalf of all persons or entities who purchased or otherwise acquired Wolfspeed, Inc. (“Wolf Speed, Inc.” or the “Company”) (NYSE: WOLF) securities between August 16, 2023 to November 6, 2024, inclusive (the “Class Period”). The lawsuit seeks to recover damages for the Company’s investors under the f ...
Wolfspeed, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. January 17, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2024-11-18 21:41
LOS ANGELES, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Wolfspeed, Inc. ("Wolfspeed" or the "Company") (NYSE: WOLF) investors of a class action representing investors that bought securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"). Wolfspeed investors have until January 17, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal r ...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Wolfspeed, Inc. Securities and Sets a Lead Plaintiff Deadline of January 17, 2025
GlobeNewswire News Room· 2024-11-18 18:19
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) between August 16, 2023 to November 6, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Gary Zagami v. Wolfspeed, Inc., et al. (Case No. 6:24-cv-01395) has been commenced in the United States District Court for the Northern Distri ...
NYSE: WOLF Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Wolfspeed, Inc. (NYSE: WOLF) Investors with Significant Losses to Contact the Firm
GlobeNewswire News Room· 2024-11-17 16:39
RADNOR, Pa., Nov. 17, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed”). On November 6, 2024, during after-market hours, Reuters published an article entitled “Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink.” Specifically, the article stated that Wolfspeed “forecast quarterly revenue ...
Wolfspeed, Inc. Announcement: If You Have Suffered Losses in Wolfspeed, Inc. (NYSE: WOLF), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2024-11-16 12:25
NEW YORK, Nov. 16, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Wolfspeed, Inc. (NYSE: WOLF) resulting from allegations that Wolfspeed may have issued materially misleading business information to the investing public. So what: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...
Rosen Law Firm Encourages Wolfspeed, Inc. Investors to Inquire About Securities Class Action Investigation - WOLF
Prnewswire· 2024-11-15 01:57
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Wolfspeed, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Company Performance and Market Reaction - On November 6, 2024, Wolfspeed projected quarterly revenue below estimates, citing weak demand from automotive customers and announced $174 million in restructuring charges for a facility closure [3]. - Following this announcement, Wolfspeed's stock experienced a significant decline of 39% on November 7, 2024 [3]. Group 2: Legal Actions and Investor Rights - Investors who purchased Wolfspeed securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to the misleading information [2].
Wolfspeed: Anything But Getting Up To Speed
Seeking Alpha· 2024-11-08 12:47
Core Insights - The situation regarding Wolfspeed (NYSE: WOLF) is increasingly concerning due to its transition to becoming a silicon carbide supplier, which has led to growing losses and higher capital expenditures without corresponding financial results [1] Group 1: Company Performance - Wolfspeed is experiencing significant financial challenges as it shifts its focus to silicon carbide, resulting in mounting losses [1] - The company has increased its capital spending, but this has not yet translated into positive financial outcomes [1] Group 2: Investment Opportunities - The investing group "Value In Corporate Events" aims to provide members with actionable ideas related to major corporate events such as IPOs, mergers & acquisitions, and earnings reports [1] - The group covers approximately 10 major events each month, focusing on identifying the best investment opportunities [1]
Wolfspeed(WOLF) - 2025 Q1 - Quarterly Report
2024-11-07 21:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40863 __________________________________________ Wolfsnee WOLFSPEED, INC. (Exact name of registrant as spe ...
Why Wolfspeed Stock Is Plummeting Today
The Motley Fool· 2024-11-07 18:11
Wolfspeed's recent quarterly report arrived with some worrying news for investors.Wolfspeed (WOLF -34.21%) stock is crashing in Thursday's trading following the company's recent quarterly report. The chip specialist's share price was down 33.2% as of 1 p.m. ET.After the market closed yesterday, Wolfspeed published results for the first quarter of its current fiscal year, which ended Sept. 29. While the company posted a smaller-than-expected loss in the quarter, sales and forward guidance fell short of Wall ...