Wolfspeed stock soars 24% after Citrini research highlights the chipmaker's potential
What happened: Wolfspeed stock (WOLF) stock jumped more than 24% on Wednesday. What’s behind the move: Shares of the chipmaker soared after thematic research firm Citrini recommended the stock, highlighting it as “a crouching tiger getting ready to reveal a dragon that deserves to not just be priced based on what their fab’s replacement value theoretically is, but reflect the fact that it’s not going to be replaced.” The stock is on pace to extend gains for a seventh consecutive session. What else you ne ...