Is Wolfspeed (WOLF) Stock on a Post-Bankruptcy Path to $5?
Wolfspeed faces extreme stock volatility and Chapter 11 restructuring that could cut about 70% of debt but leaves recovery and shareholder outcomes highly uncertain.
Chipmaker Wolfspeed files for bankruptcy but will remain operational
Wolfspeed announced a restructuring agreement with Renesas that has broad support, as the company filed for Chapter 11 bankruptcy to reduce total debt by approximately $4.6 billion.
