Wolfspeed Stock Is Falling After The Bell: What's Going On?

Nov 6, 2024 · WOLF Price Action: Wolfspeed shares were down 18.67% after hours at $11.15 at the time of publication Wednesday, per Benzinga Pro. Photo: Courtesy of Wolfspeed. Market News and Data brought to you ...

CouponFollow Extension

67%
OFF

Wolfspeed Stock Is Falling After The Bell: What's Going On?

1 week from now

benzinga.com

$0.91
OFF

Why Wolfspeed Stock Is Plummeting Today | The Motley Fool

1 week from now

Nov 7, 2024 · Wolfspeed's sales fall short in the midst of a major restructuring. Wolfspeed posted a non-GAAP (generally accepted accounting principles) adjusted loss of $0.91 per share on …

fool.com

2%
OFF

Why Wolfspeed Stock Is Plummeting Today - Yahoo Finance

1 week from now

Nov 7, 2024 · Wolfspeed (NYSE: WOLF) stock is crashing in Thursday's trading following the company's recent quarterly report. The chip specialist's share price was down 33.2% as of 1 …

yahoo.com

41%
OFF

Why Wolfspeed Rocketed Over 41% Just This Week

1 week from now

Oct 18, 2024 · Additionally, Wednesday also saw sell-side analysts at Morgan Stanley raise the firm's price target on Wolfspeed shares from $10 to $15 in the wake of the positive news flow. …

fool.com

6%
OFF

Wolfspeed Whiffs On Sales And Forecast, And Its Stock Is Falling

1 week from now

Shares of Wolfspeed were falling about 6% in after-hours action Wednesday after the semiconductor company fell short with its forecast for the current quarter.

marketwatch.com

83%
OFF

Wolfspeed (WOLF) Stock Sinks As Market Gains: What You Should …

1 week from now

Jan 24, 2024 · The latest trading session saw Wolfspeed (WOLF) ending at $35.92, denoting a -1.83% adjustment from its last day's close. The stock's change was less than the S&P 500's …

yahoo.com

$1.09
OFF

Wolfspeed Stock Climbing Despite Worse-Than-Expected Q4, …

1 week from now

Outlook: Wolfspeed sees first-quarter losses of between $1.09 and 90 cents per share, versus the estimate of losses of 84 cents, and revenue in a range of $185 million to $215 million, versus …

msn.com

13%
OFF

Wolfspeed's Stock Rallies As Company Notches Smaller Loss

1 week from now

Oct 31, 2023 · Wolfspeed Inc. shares surged nearly 13% in after-hours trading Monday after the silicon-carbide company forecast a slimmer-than-expected loss for its ongoing quarter.

morningstar.com

$300
OFF

Wolfspeed Capital Raise Doesn't Mean The Firm Will Return To …

1 week from now

6 days ago · Wolfspeed also has plans to raise $300mm in equity issuances, potentially diluting the float by ~36mm shares. Management also noted a higher interest expense going into …

seekingalpha.com

$10
OFF

Wolfspeed, Inc. (WOLF) Price Target Lowered To $10 By TD Cowen …

1 week from now

4 days ago · We recently compiled a list of the 13 AI News You Probably Missed. In this article, we are going to take a look at where Wolfspeed, Inc. (NYSE:WOLF) stands against the other …

yahoo.com

FAQs about Wolfspeed Stock Is Falling After The Bell: What's Going On? Coupon?

Why did Wolfspeed's sales fall short?

Wolfspeed's sales fall short in the midst of a major restructuring Wolfspeed posted a non-GAAP (generally accepted accounting principles) adjusted loss of $0.91 per share on revenue of $194.7 million. For comparison, the average Wall Street estimate had called for a loss of $1 per share on revenue of roughly $200.4 million. ...

Is Wolfspeed stock crashing?

Wolfspeed's recent quarterly report arrived with some worrying news for investors. Wolfspeed (WOLF -33.57%) stock is crashing in Thursday's trading following the company's recent quarterly report. The chip specialist's share price was down 33.2% as of 1 p.m. ET. ...

How much did Wolfspeed lose on revenue?

Wolfspeed posted a non-GAAP (generally accepted accounting principles) adjusted loss of $0.91 per share on revenue of $194.7 million. For comparison, the average Wall Street estimate had called for a loss of $1 per share on revenue of roughly $200.4 million. Revenue for the period was down roughly 1.4% year over year. ...

Should you buy Wolfspeed stock?

But before one gets too excited, the new and improved price target is still below Thursday's closing share price of $16.21. Investors should be careful chasing Wolfspeed stock, especially after this week's massive rally. After all, revenue was merely flat last quarter, and the company is still losing money. ...

How much did Wolfspeed lose in the first quarter?

DURHAM, N.C. (AP) — Wolfspeed, Inc. WOLF) on Wednesday reported a loss of $282.2 million in its fiscal first quarter. The Durham, North Carolina-based company said it had a loss of $2.23 per share. DURHAM, N.C., November 06, 2024--Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2025. ...

Why did Wolfspeed's beaten-down shares rally?

Wolfspeed needed the funding to make it to the other side of its ambitious fab buildout. Wolfspeed's beaten-down shares saw a short-covering rally, thanks in part to the U.S. government. Shares of chipmaker Wolfspeed (WOLF -3.15%) rocketed 41.2% this week through Thursday trading, according to data from S&P Global Market Intelligence. ...