NYSE - Delayed Quote USD

Wolfspeed, Inc. (WOLF)

26.25

+1.38

(+5.55%)

At close: April 26 at 4:00 PM EDT

26.21

-0.04

(-0.15%)

After hours: April 26 at 7:59 PM EDT

Wolfspeed (WOLF) Moves 7.9% Higher: Will This Strength Last?

Wolfspeed (WOLF) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Zacks 3 days ago

WOLF
+5.55%
VSH
Wolfspeed Comments on Letter from JANA Partners

DURHAM, N.C., April 23, 2024--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today issued the following statement in response to the letter from JANA Partners ("JANA") to Wolfspeed’s Board of Directors:

Business Wire 4 days ago

WOLF
+5.55%
Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What's Driving Markets Monday?

U.S. stocks are poised to break a six-day losing streak, marking the end of the longest downward trend since September 2022. At noon trading in New York on Monday, major indices all traded higher, indicating modest gains, as investors prepare for a week jam-packed with pivotal earnings reports from major corporations, including Visa Inc. (NYSE:V), Tesla Inc. (NASDAQ:TSLA), Meta Platforms Inc. (NASDAQ:META), Microsoft Corp. (NYSE:MSFT), and Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG). Easing geopol

Benzinga 4 days ago

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INFA

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Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives

NEW YORK (Reuters) -Activist investor Jana Partners is urging the world's largest maker of silicon carbide Wolfspeed Inc to explore all ways to improve shareholder value, including a potential sale, according to a letter reviewed by Reuters. Jana, which owns what it called a "significant" stake in Wolfspeed, wrote in the letter that it is high time for the 37-year old company with a market value of $2.8 billion to pursue "all avenues to improve WOLF's performance" and begin a "comprehensive review of strategic alternatives." "Such an exploration of alternatives could uncover numerous ways to highlight and realize value, including through a sale," the letter to the board of the Durham, North Carolina-headquartered company said.

Reuters 4 days ago

WOLF
+5.55%
Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 1, 2024

DURHAM, N.C., April 17, 2024--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fiscal third quarter 2024 results on Wednesday, May 1, 2024, at 5:00 pm Eastern Daylight Time. The call will be hosted by Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer.

Business Wire 9 days ago

WOLF
+5.55%
Trade of the Day: Wolfspeed (WOLF) Stock Could Get Squeezed Higher

Swing traders looking to grab a quick profit should turn their eyes toward semiconductor specialist Wolfspeed (NYSE:WOLF). Offering silicon carbide and other critical materials necessary to produce components for the radio frequency and power industries, WOLF stock essentially represents a stagehand investment: It’s not the headline act, but it keeps the show running. However, Wolfspeed is financially volatile. For example, in the second quarter of 2023, the company posted a loss per share of 42

InvestorPlace 16 days ago

WOLF
+5.55%
Wolfspeed Tops Out World’s Largest, Most Advanced Silicon Carbide Facility Alongside Senator Thom Tillis, Key Officials

SILER CITY, N.C., March 26, 2024--Today, Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, hosted Senator Thom Tillis (R-NC) and other local officials, community partners, and employees at a ceremony to celebrate the topping out of construction at the $5 billion John Palmour Manufacturing Center for Silicon Carbide. Located in Chatham County, North Carolina, the JP will produce 200mm silicon carbide wafers, significantly expanding Wolfspeed’s materials capacity, and

Business Wire last month

WOLF
+5.55%
Wolfspeed Launches New York Semiconductor Registered Apprenticeship Program with Support from the National Institute of Innovation and Technology

Today the National Institute for Innovation and Technology and the United States Department of Labor (USDOL) applauded U.S. semiconductor manufacturing company Wolfspeed for the establishment of its New York Registered Apprenticeship Program (RAP). As the nation's leader in semiconductor talent pipeline development, the Institute serves as the USDOL's national Intermediary responsible for expanding Registered Apprenticeships (RAs) throughout the semiconductor and nanotechnology industry supply c

PR Newswire last month

WOLF
+5.55%
Wolfspeed To Participate in Upcoming Investor Conference

DURHAM, N.C., March 01, 2024--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer, will be participating in a fireside chat at Morgan Stanley’s Technology, Media & Telecom Conference at 7:25pm ET on March 4, 2024.

Business Wire last month

WOLF
+5.55%
Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2024

DURHAM, N.C., January 31, 2024--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the second quarter of fiscal 2024.

Business Wire 2 months ago

WOLF
+5.55%
Wolfspeed Expands 150mm Silicon Carbide Wafer Supply Agreement with a Leading Global Semiconductor Company

DURHAM, N.C., January 31, 2024--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced the expansion of an existing long-term silicon carbide wafer supply agreement with a leading global semiconductor company. The expanded agreement, which is now worth approximately $275 million in total, calls for Wolfspeed to supply the company with 150mm silicon carbide bare and epitaxial wafers, reinforcing both companies’ visions for an industry-wide transition from s

Business Wire 2 months ago

WOLF
+5.55%
JPMorgan names Xerox, Wolfspeed as top hardware stock picks

JPMorgan named printing technology developer Xerox (XRX) and chipmaker Wolfspeed (WOLF) as the top hardware and networking stocks to own. Inversely, analysts advise against investing in Corning (GLW). Yahoo Finance anchors Seana Smith and Brad Smith review the analyst notes on these stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 3 months ago

GLW

XRX

WOLF
+5.55%
Infineon and Wolfspeed Expand and Extend Multi-Year Silicon Carbide (SiC) 150mm Wafer Supply Agreement

MUNICH & DURHAM, N.C., January 23, 2024--Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a global semiconductor leader in power systems and IoT, and Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology, today announced the expansion and extension of their existing long-term 150mm silicon carbide wafer supply agreement, originally signed in February 2018. The extended partnership includes a multi-year capacity reservation agreement. It contributes to Infineon’s general

Business Wire 3 months ago

WOLF
+5.55%
Wolfspeed, Inc. Announces Date of Fiscal Second Quarter Earnings Call for January 31st, 2024

DURHAM, N.C., January 19, 2024--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fiscal second quarter 2024 results on Wednesday, January 31st, 2024, at 5:00 pm Eastern Time. The call will be hosted by Gregg Lowe, chief executive officer, and Neill Reynolds, chief financial officer.

Business Wire 3 months ago

WOLF
+5.55%
Wolfspeed Completes Sale of RF Business to MACOM

DURHAM, N.C., December 04, 2023--Wolfspeed, Inc. (NYSE: WOLF) today announced it completed the sale of its radio frequency business ("Wolfspeed RF") to MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) effective December 2, 2023. Under the transaction terms, Wolfspeed received approximately $75 million in cash, subject to a customary purchase price adjustment, and 711,528 shares of MACOM common stock, which shares had a market value of approximately $60.8 million based on the closing pric

Business Wire 4 months ago

WOLF
+5.55%
Wolfspeed To Participate in Upcoming Investor Conferences

DURHAM, N.C., November 27, 2023--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, chief financial officer, will be participating in fireside chats at two upcoming investor conferences in November:

Business Wire 4 months ago

WOLF
+5.55%
Wolfspeed stock soars on record fiscal Q1 revenue, growth

Shares of American chipmaker Wolfspeed (WOLF) are skyrocketing Tuesday morning after reporting fiscal first-quarter earnings for 2024, citing four percent year-over-year growth. Yahoo Finance Live observes Wolfspeed's stock action and Wall Street commentary on the semiconductor manufacturer's outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 5 months ago

WOLF
+5.55%
Chegg, Wolfspeed, BlackBerry: After-hours movers

Chegg (CHGG) shares dropped after the close. The education technology company reported third quarter results that were about in line with estimates. In a statement, CEO Dan Rosensweig highlighted the company's efforts to incorporate AI into its offerings. Wolfspeed (WOLF) shares soared after the tech firm reported fiscal first-quarter earnings that were better than expected, as was its second-quarter guidance. BlackBerry (BB) shares climbed after the company confirmed CEO John Chen will retire at the end of the week, ending his nearly 10-year tenure. Chen oversaw BlackBerry's pivot from smartphones to cybersecurity and IP software. Yahoo Finance's Julie Hyman breaks down the stocks that are moving in after-hours trading. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 5 months ago

BB

CHGG

WOLF
+5.55%
Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

DURHAM, N.C., October 30, 2023--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.

Business Wire 5 months ago

WOLF
+5.55%
Wolfspeed Appoints Thomas Werner as New Board Chair

DURHAM, N.C., October 24, 2023--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, announced today that Thomas Werner, a board member since 2006, has been elected the new Chairman of the Board, effective immediately. Werner succeeds Darren Jackson, who stepped down as chair after five years in the role. Jackson will continue to serve as a member of the Wolfspeed Board. In addition, Board Member Stacy Smith will replace John Replogle as the Chair of the Governance and

Business Wire 5 months ago

WOLF
+5.55%

Performance Overview

Return	WOLF	S&P 500
YTD	-39.67%	+6.92%
1-Year	-53.39%	+25.26%
3-Year	-77.13%	+22.00%

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Wolfspeed, Inc. (WOLF)

Wolfspeed (WOLF) Moves 7.9% Higher: Will This Strength Last?

Wolfspeed Comments on Letter from JANA Partners

Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What's Driving Markets Monday?

Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives

Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 1, 2024

Trade of the Day: Wolfspeed (WOLF) Stock Could Get Squeezed Higher

Wolfspeed Tops Out World’s Largest, Most Advanced Silicon Carbide Facility Alongside Senator Thom Tillis, Key Officials

Wolfspeed Launches New York Semiconductor Registered Apprenticeship Program with Support from the National Institute of Innovation and Technology

Wolfspeed To Participate in Upcoming Investor Conference

Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2024

Wolfspeed Expands 150mm Silicon Carbide Wafer Supply Agreement with a Leading Global Semiconductor Company

JPMorgan names Xerox, Wolfspeed as top hardware stock picks

Infineon and Wolfspeed Expand and Extend Multi-Year Silicon Carbide (SiC) 150mm Wafer Supply Agreement

Wolfspeed, Inc. Announces Date of Fiscal Second Quarter Earnings Call for January 31st, 2024

Wolfspeed Completes Sale of RF Business to MACOM

Wolfspeed To Participate in Upcoming Investor Conferences

Wolfspeed stock soars on record fiscal Q1 revenue, growth

Chegg, Wolfspeed, BlackBerry: After-hours movers

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

Wolfspeed Appoints Thomas Werner as New Board Chair

Performance Overview