Why Is Wolfspeed Stock Jumping This Week?

Wolfspeed's stock is still highly volatile.Shares of Wolfspeed (WOLF -9.56%) are on the move this week, up 5.6% as of market close on Thursday, though they gained as much as 25.8% earlier in the week. The jump comes as the S&P 500 and Nasdaq-100 gained 0.7% and 1.5%, respectively.The embattled chipmaker's stock is up and down this week after gaining nearly 90% last week. Investors are weighing what the company might be worth after exiting bankruptcy.Wolfspeed could soon exit bankruptcyWolfspeed management e ...