Why Is Wolfspeed (WOLF) Down 7.5% Since Last Earnings Report?

A month has gone by since the last earnings report for Wolfspeed (WOLF) . Shares have lost about 7.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Wolfspeed due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Wolfspeed Reports Loss in Q2 Earnings, Revenues Up Y/Y ...