Key Points A court-approved plan will cut $4.6 billion of debt and reduce annual interest expense by roughly 60%, with emergence expected within weeks. The balance sheet reset helps, but execution challenges and an EV market slowdown keep the turnaround uncertain and risk elevated. 10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) soared Monday, finishing the day up 27%. The rise comes as the S&P 500 and Nasdaq Composite gained 0.4% and 0.9%, respectively. The chipmaker's s ...