Is Wolfspeed Stock More Like a Trap Than an Investment?

Key Points Wolfspeed has emerged from its corporate restructuring and bankruptcy. The restructured company has far less debt, but still faces some big challenges. 10 stocks we like better than Wolfspeed › Wolfspeed (NYSE: WOLF) stock has taken investors on a wild ride over the last year. Last June, the company announced that it was receiving Chapter 11 bankruptcy protections as it moved forward with a corporate restructuring. The bankruptcy news actually rekindled some of the meme stock energy tha ...