Should Investors Buy the Dip in Wolfspeed's Stock?

While it has a better balance sheet, problems persist.Coming out of bankruptcy, Wolfspeed (WOLF 5.40%) was expected to offer investors a way to play the silicon carbide market without the shackles of its overly burdensome debt. However, the company's fiscal second-quarter earnings report showed that many of the problems that plagued the company and led to its bankruptcy still exist.NYSE : WOLFWolfspeedToday's Change( -5.40 %) $ -0.85Current Price$ 14.89Key Data PointsMarket Cap$408MDay's Range$ 14.85 - $ 16 ...