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Why Is Wolfspeed Stock Soaring Today?
Yahoo Finance· 2025-10-08 18:25
Key Points Volatility continues for Wolfspeed stock after its emergence from Chapter 11 protection late last month. The restructuring allowed Wolfspeed to slash its total debt by 70% and debt payments by 60%. 10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) are jumping on Wednesday, up 11.1% as of 2:04 p.m. E.T. The spike comes as the S&P 500 and Nasdaq Composite gained 0.5% and 0.9%, respectively. The embattled chipmaker exited Chapter 11 protection after successfully ne ...