Why the Market Dipped But Wolfspeed (WOLF) Gained Today

Wolfspeed (WOLF) closed the latest trading day at $26.08, indicating a +0.19% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.65%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq lost 0.96%.Shares of the maker of energy-efficient lighting have depreciated by 7.1% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.19% and the S&P 500's gain of 3.27%.The upcoming earnings release of Wolfspeed ...