Wolfspeed Stock Soars on Chapter 11 Debt-Cut Plan: What’s Driving the Surge?
Alright, folks, let’s talk about the stock that’s lighting up the market today—Wolfspeed, Inc. (NYSE: WOLF)! As of this writing, this semiconductor player is seeing its shares rocket up over 85% in pre-market trading, and it’s all thanks to a bold move to tackle its massive debt load through a Chapter 11 bankruptcy filing. Now, … Read more