Global Stock News

wolfspeed share price: Wolfspeed Stock Price Analysis and Forecast: Market performance, investor outlook, key drivers & risks and analyst insights

wolfspeed share price: Wolfspeed Stock Price Analysis and Forecast: Market performance, investor outlook, key drivers & risks and analyst insights

Wolfspeed Stock Price Analysis and Forecast is one to watch out for. Wolfspeed Inc (NYSE: WOLF) shares have seen a sharp increase following the announcement of a new Chief Financial Officer and updates on its restructuring plans. The stock has gained investor attention as it navigates bankruptcy proceedings and positions itself for long-term growth.

Shares Surge

Wolfspeed shares jumped 24.79% to $2.92 in premarket trading on July 8, 2025, after closing at $2.31 in the previous session. This marked a 95.76% rise. The stock had earlier reached $3.19, up 36.9% by Tuesday morning. The surge followed Wolfspeed’s announcement of Gregor van Issum as CFO, effective September 1, 2025.

The company’s stock has struggled over the past year, with…

Source link

Share this article

Scroll to Top