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Wolfspeed Stock Plunges 59% On Bankruptcy Fears: Options Traders Cash In
benzinga.com/news/rumors/25/05/45555558/wolfspeed-stock-plunges-59-on-bankruptcy-fears-options-traders-cash-in
Wolfspeed, Inc. (NYSE:WOLF) shares plunged on Wednesday following a report that the company is preparing to file for Chapter 11 bankruptcy protection as it struggles with a mountain of debt.
Unusual options activity was spotted Tuesday afternoon before the report was released.
What To…
This story appeared on benzinga.com, 2025-05-21 22:57:45.