If You'd Invested $10,000 in Wolfspeed 3 Years Ago, Here's How Much You'd Have Today

Is Wolfspeed a comeback story, or a cautionary tale? See what a $10,000 investment from late 2022 would be worth today.I used to own some Wolfspeed (WOLF 6.55%) stock, starting in March 2020, right after the COVID-19 crash. The company was known as Cree at the time, an experienced maker of LED light elements. Cree was expanding its gallium nitride (GaN) and silicon carbide (SiC) chip-making capacity, and the company seemed poised for great returns as a leading parts supplier to the electric vehicle industry ...