Why Wolfspeed Stock Was a Winner This Week
Next-generation chipmaker (NYSE: WOLF), a volatile stock even in the best of times, was having one of its better weeks on the exchange as August barreled to a close. Data compiled by S&P Global Market Intelligence showed that the shares were up by over 6% week to date as of midafternoon Thursday. Investors were cheered by news of an asset divestment.
Wolfspeed specializes in silicon carbide (SiC) semiconductors, which can function in more-extreme conditions than the more silicon-based chips common these days. Manufacturing is a challenging business, though, and this company has had its struggles.
Investors traded out of its stock last week after the company released a disappointing set of fourth-quarter and full-year earnings for fiscal 2023.
Source Fool.com
Wolfspeed Inc. Aktie
Die Wolfspeed Inc. Aktie wartet noch auf mehr Einschätzungen für eine klare Richtung.
Ein negatives, wenn auch bescheidenes, Potenzial für Wolfspeed Inc. mit einem Kursziel von 7 € im Vergleich zum aktuellen Kurs von 7.51 €.
