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Why Wolfspeed Plunged Today
finance.yahoo.com/news/why-wolfspeed-plunged-today-173204802.html
In This Article:
Key Points
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Wolfspeed said it plans to file for bankruptcy today.
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The company offers a cautionary tale about investing lots of money in assets before revenues come in.
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However, it appears equity holders will not be totally wiped out.
Shares of silicon carbide chip…
This story appeared on finance.yahoo.com, 2025-06-23 17:32:04.