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23.07.2025 20:35:53
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Wolfspeed Is Skyrocketing Today -- Is the Stock a Buy Right Now?
Wolfspeed (NYSE: WOLF) stock is exploding higher in Wednesday's trading. The silicon-carbide specialist's share price was up 24.3% as of 2 p.m. ET and had been up as much as 43.4% earlier in the session.There doesn't appear to be any major business-specific news pushing the company's valuation higher today. The company is moving forward with a Chapter 11 bankruptcy and restructuring, but its stock has recently seen big gains in conjunction with speculative bets and meme-stock trading.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool