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Wolfspeed (WOLF) Moves 7.9% Higher: Will This Strength Last?
WOLFWolfspeed(WOLF) Zacks Investment Research·2024-04-23 18:06

Wolfspeed (WOLF) shares ended the last trading session 7.9% higher at $23.94. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18.8% loss over the past four weeks.Wolfspeed has evolved into a pure-play silicon carbide provider through portfolio optimization initiatives that concluded with the sale of its RF business. It expects to be one of the top silicon carbide device suppliers over the next five years thanks to ...