Key Points Wolfspeed has filed for Chapter 11, and the court recently confirmed the company’s reorganization plan. The restructuring will cancel two-thirds of the company's long-term debt and boost cash balances somewhat, but the financial upside comes at a cost. Current shareholders will lose roughly 95% of their Wolfspeed stake, shifting equity value over to creditors under a new stock ticker. 10 stocks we like better than Wolfspeed › Can Wolfspeed (NYSE: WOLF) get back from the edge of a finan ...