Why Did Wolfspeed Stock (WOLF) Skyrocket 86.4% This Week?
Key Points A bankruptcy court approved Wolfspeed's plan, clearing a path to exit Chapter 11 within weeks and slashing its debt. Despite balance-sheet relief, execution challenges, and a pressured EV end market, the turnaround remains high-risk. 10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) skyrocketed this week, finishing up 86.4%. The rise comes as the S&P 500 and Nasdaq-100 gained 1.6% and 1.9%, respectively. The embattled chipmaker's stock jumped this week after the ...