Is There a Future for Wolfspeed?
Key Points Wolfspeed had to file Chapter 11 bankruptcy due to its debt load. While that helped, this company still saw its revenue drop and losses increase in its most recent fiscal year. 10 stocks we like better than Wolfspeed › Semiconductor company Wolfspeed (NYSE: WOLF) has delivered one of the market's biggest turnarounds this year. A Chapter 11 bankruptcy restructuring in late September eliminated 70% of the company's debt and drove its share price up over 2,000%. The question is whether Wol ...