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Wolfspeed Inc.

1.45

-0.2600-15.20%

Post-market: 1.43-0.0203-1.40%19:59 EDT

Volume:68.97M

Turnover:112.33M

Market Cap:225.66M

PE:-0.17

High:1.90

Open:1.63

Low:1.40

Close:1.71

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Overview Company News Filings

Wolfspeed Inc Outlook Q3 REV From Cont Ops $170 Mln to $200 Mln; Ibes Estimate $193.6 Mln

THOMSON REUTERS

Wolfspeed Inc Outlook Q3 Non-Gaap Net Loss per Share $-0.88 to $-0.76 VS Ibes Estimate $-0.86

THOMSON REUTERS

Wolfspeed Q2 Adjusted EPS USD -0.95 VS. Ibes Estimate USD -1.02

THOMSON REUTERS

Wolfspeed Q2 Adjusted Gross Margin 2%

THOMSON REUTERS

Wolfspeed Reports Financial Results for the Second Quarter of Fiscal Year 2025

Wolfspeed options imply 21.1% move in share price post-earnings

Calendar of U.S. Earnings Expected in the Week Ahead

Wolfspeed Inc expected to post a loss of $1.02 a share - Earnings Preview

Stock Track | Wolfspeed Plummets 6.67% Amid Meme Coin Market Selloff

Wolfspeed Set to Report Q2 Earnings: What's in Store for the Stock?

Stock Track | Wolfspeed Inc. Plunges 5.25% as Meme Coin WOLF Faces Steep Selloff

Wolfspeed, Inc. (WOLF) Holds Steady Amid AI-Driven Semiconductor Demand and $2.5 Billion Funding for U.S. Expansion

Wolfspeed Is Maintained at Neutral by Susquehanna

Earnings Preview: Wolfspeed (WOLF) Q2 Earnings Expected to Decline

Wolfspeed Is Maintained at Buy by Goldman Sachs

Stock Track | Wolfspeed Stock Surges 5.09% on Thursday as Transformation Excites Investors

Wolfspeed (WOLF) Soars 38.6%: Is Further Upside Left in the Stock?

Is Wolfspeed, Inc. (WOLF) the Stock That Will Go to the Moon According to Reddit?

Wolfspeed completes $200M ‘at the market’ offering

Wolfspeed Raises Nearly $200 Million From 'At-the-Market' Equity Offering

MT Newswires Live

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Maintain Confidence in $2.5+ Billion of Liquidity via CHIPS, Lenders, 48D Tax Credits. 200mm Greenfield Footprint Yielding High-Quality Materials and Devices. DURHAM, N.C., January 29, 2025----Wolfspeed, Inc.  today announced its results for the second quarter of fiscal 2025.Consolidated revenue of $181 million, as compared to $208 million. Mohawk Valley Fab contributed $52 million in revenue, as compared to $12 million. For its third quarter of fiscal 2025, Wolfspeed targets revenue from continuing operations in a range of $170 million to $200 million. GAAP net loss is targeted at $ million to $ million, or $ to $ per diluted share. Non-GAAP net loss is targeted to be in a range of $ million to $ million, or $ to $ per diluted share. The loss per share includes the impact of issuing approximately 27.8 million shares of common stock under our ATM program. 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Robnsn Wrldwd                              4Q      1.11    4:05 PM. ·Cndn Pacf Kansas City                             4Q       .86        AMC. ·CGI Inc. Class A                                 1Q      1.39    6:30 AM. ·Eagle Materials Inc.                             3Q      3.91    6:30 AM. ·Grp 1 Automotive                                 4Q      9.11    5:01 AM. ·Intl Bus Machines Corp                           4Q      3.78    4:08 PM","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GLW","LEVI","APPF","RHI","MXL","MSCI","AMP","MTH","CI","GPI","AIT","DHR","CIVB","TTEK","CRS","MSFT","NOW","TEVA","TSLA","URI","TER","FLWS","BKR","CFR","CSWI","WASH","AMSC","WOLF","GD","FLEX","SIGI","SLGN","TMUS","TEAM","NAVI","ALGM","AJG","SMFG","LRCX","LSTR","WM","CHRW","SMG","LII","WDC","AOS","CVCO","EAT"],"gpt_icon":1},{"id":"2506358764","title":"Wolfspeed Inc  expected to post a loss of $1.02 a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2506358764","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506358764?lang=en_us&edition=fundamental","pubTime":"2025-01-28 05:07","pubTimestamp":1738012027,"startTime":"0","endTime":"0","summary":"Wolfspeed Inc  expected to post a loss of $1.02 a share - Earnings Preview Wolfspeed Inc WOLF.N, WOLF.K is expected to show a fall in quarterly revenue when it reports  results on January 29 for the p","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250127:nL5N3ON1TY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["WOLF"],"gpt_icon":0},{"id":"1139211375","title":"Stock Track | Wolfspeed Plummets 6.67% Amid Meme Coin Market Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1139211375","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1139211375?lang=en_us&edition=fundamental","pubTime":"2025-01-28 00:54","pubTimestamp":1737996884,"startTime":"0","endTime":"0","summary":"Wolfspeed Inc.  experienced a significant stock plummet of 6.67% during intraday trading on Monday, mirroring the broader selloff in the meme coin market.The semiconductor company's stock decline was likely driven by the steep correction faced by the meme coin WOLF, which lost over 30% of its value in the last 24 hours. The meme coin market as a whole took a hit, with popular coins like MAX, PIPPIN, and FWOG also suffering significant losses, contributing to a drop in the overall market capitali","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["WOLF"],"gpt_icon":0},{"id":"2506230060","title":"Wolfspeed Set to Report Q2 Earnings: What's in Store for the Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2506230060","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506230060?lang=en_us&edition=fundamental","pubTime":"2025-01-27 23:53","pubTimestamp":1737993180,"startTime":"0","endTime":"0","summary":"Wolfspeed WOLF is scheduled to report its second-quarter fiscal 2025 results on Jan. 29.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.For second-quarter fiscal 2025, WOLF expects non-GAAP net loss to be between 89 cents and $1.14 per share.The Zacks Consensus Estimate for second-quarter fiscal 2025 loss is pegged at $1.01 per share. Wolfspeed reported a loss of 55 cents per share in the year-ago quarter.Wolfspeed expects second-quarter fiscal 2025 revenues in the range of $160-$200 million.The consensus estimate for revenues is pegged at $179.37 million, suggesting a decline of 13.93% from the year-ago quarter’s reported number.Let’s see how things have shaped up for Wolfspeed prior to this announcement.Wolfspeed’s fiscal second-quarter performance is expected to have benefited from its position in the semiconductor market, particularly within the electric vehicle  and high-voltage power sectors.Wolfspeed anticipates increased revenue contributions from it","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/wolfspeed-set-report-q2-earnings-155300043.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["WOLF"],"gpt_icon":0},{"id":"1186547309","title":"Stock Track | Wolfspeed Inc. Plunges 5.25% as Meme Coin WOLF Faces Steep Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1186547309","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1186547309?lang=en_us&edition=fundamental","pubTime":"2025-01-27 16:46","pubTimestamp":1737967596,"startTime":"0","endTime":"0","summary":"Wolfspeed Inc., the semiconductor company behind the meme coin WOLF, saw its stock plunge 5.25% on Monday, amid a broader selloff in the meme coin market. The drop was likely driven by the steep correction experienced by the WOLF meme coin, which lost over 30% of its value in the last 24 hours.The meme coin market as a whole has taken a hit, with popular coins like MAX, PIPPIN, and FWOG also suffering significant losses. This sector-wide pullback, which saw the total market capitalization for me","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Stock Track | Wolfspeed Inc. Plunges 5.25% as Meme Coin WOLF Faces Steep Selloff","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["WOLF"],"gpt_icon":0},{"id":"2506481247","title":"Wolfspeed, Inc. (WOLF) Holds Steady Amid AI-Driven Semiconductor Demand and $2.5 Billion Funding for U.S. Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2506481247","media":"Insider Monkey","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506481247?lang=en_us&edition=fundamental","pubTime":"2025-01-25 07:45","pubTimestamp":1737762320,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 10 Trending AI Stocks on Wall Street's Radar.In this article, we are going to take a look at where Wolfspeed, Inc.  stands against the other AI stocks.As leaders of some of the biggest companies, economists and world leaders congregated at the 2025 Davos Promenade in Switzerland, artificial intelligence is one topic that featured prominently. It did not come as a surprise, given the AI boom has propelled the market caps of some companies, with some becoming trillion-dollar empires.This year's WEF covered both the risks associated with rapidly evolving systems and the latest developments in artificial intelligence. The focus was on current developments with AI agents and artificial general intelligence, or AGI, which describes AI systems that are more intelligent than humans. One thing that came out clear is that a majority of company executives, 58%, expect generative AI solutions to be adopted at scale this year.The Stargate project intends to immedi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/wolfspeed-inc-wolf-holds-steady-234520354.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Wolfspeed, Inc. (WOLF) Holds Steady Amid AI-Driven Semiconductor Demand and $2.5 Billion Funding for U.S. Expansion","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0056508442.USD","IE00B19Z9P08.USD","WOLF","IE00BMPRXR70.SGD","BK4588","IE00B19Z9Z06.USD","LU1861220033.SGD","LU1852331112.SGD","LU1861215975.USD","BK4141","BK4585","IE00B894F039.SGD","IE00BMPRXN33.USD"],"gpt_icon":1},{"id":"2505771958","title":"Wolfspeed Is Maintained at Neutral by Susquehanna","url":"https://stock-news.laohu8.com/highlight/detail?id=2505771958","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505771958?lang=en_us&edition=fundamental","pubTime":"2025-01-23 02:10","pubTimestamp":1737569400,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/WOLF/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 22, 2025 13:10 ET (18:10 GMT)","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["WOLF"],"gpt_icon":0},{"id":"2505677581","title":"Earnings Preview: Wolfspeed (WOLF) Q2 Earnings Expected to Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2505677581","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505677581?lang=en_us&edition=fundamental","pubTime":"2025-01-22 23:00","pubTimestamp":1737558049,"startTime":"0","endTime":"0","summary":"Wolfspeed  is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 29. On the other hand, if they miss, the stock may move lower.While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.This maker of energy-efficient lighting is expected to post quarterly loss of $1.01 per share in its upcoming report, which represents a year-over-year change of -83.6%.Revenu","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/earnings-preview-wolfspeed-wolf-q2-150049150.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["WOLF"],"gpt_icon":1},{"id":"2504948037","title":"Wolfspeed Is Maintained at Buy by Goldman Sachs","url":"https://stock-news.laohu8.com/highlight/detail?id=2504948037","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504948037?lang=en_us&edition=fundamental","pubTime":"2025-01-17 01:42","pubTimestamp":1737049320,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/WOLF/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 16, 2025 12:42 ET (17:42 GMT)","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["WOLF"],"gpt_icon":0},{"id":"1186462586","title":"Stock Track | Wolfspeed Stock Surges 5.09% on Thursday as Transformation Excites Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1186462586","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1186462586?lang=en_us&edition=fundamental","pubTime":"2025-01-17 00:40","pubTimestamp":1737045626,"startTime":"0","endTime":"0","summary":"Wolfspeed Inc.  shares soared 5.09% in intraday trading on Thursday, riding on the momentum of a 38.6% surge in the previous session. The stock's impressive performance is being attributed to the company's ongoing transformation into a pure-play silicon carbide provider, as well as a recent share offering that raised $200 million to enhance its capital structure.Wolfspeed has been optimizing its portfolio, including the sale of its RF business, to focus solely on the silicon carbide market. This","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Wolfspeed Stock Surges 5.09% on Thursday as Transformation Excites Investors","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["WOLF"],"gpt_icon":1},{"id":"2504966914","title":"Wolfspeed (WOLF) Soars 38.6%: Is Further Upside Left in the Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2504966914","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504966914?lang=en_us&edition=fundamental","pubTime":"2025-01-16 22:33","pubTimestamp":1737037980,"startTime":"0","endTime":"0","summary":"Wolfspeed WOLF shares soared 38.6% in the last trading session to close at $6.68. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 38.6% loss over the past four weeks.Wolfspeed is benefiting from its transformation into a pure-play silicon carbide provider through portfolio optimization, including the sale of its RF business. It has also recently completed an offering of 27.8 million shares, raising approximately $200 million to enhance its capital structure, reduce leverage, and address outstanding maturities.This maker of energy-efficient lighting is expected to post quarterly loss of $1.01 per share in its upcoming report, which represents a year-over-year change of -83.6%. Revenues are expected to be $179.37 million, down 13.9% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlatio","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/wolfspeed-wolf-soars-38-6-143300581.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4148","BK4588","IE00B19Z9Z06.USD","LU1852331112.SGD","IE00B894F039.SGD","LU1861215975.USD","BK4512","IE00BMPRXR70.SGD","LU0056508442.USD","VSH","IE00B19Z9P08.USD","WOLF","LU1861220033.SGD","BK4141","BK4585","IE00BMPRXN33.USD"],"gpt_icon":1},{"id":"2503567122","title":"Is Wolfspeed, Inc. (WOLF) the Stock That Will Go to the Moon According to Reddit?","url":"https://stock-news.laohu8.com/highlight/detail?id=2503567122","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503567122?lang=en_us&edition=fundamental","pubTime":"2025-01-16 04:08","pubTimestamp":1736971690,"startTime":"0","endTime":"0","summary":"We recently published a list of 11 Stocks That Will Go to the Moon According to Reddit. In this article, we are going to take a look at where Wolfspeed, Inc.  stands against other stocks that will go to the moon according to Reddit.Martin shared that strategists have been putting out their target price for the S&P 500 since November 2024, which happens to be particularly wide. However, in 2025, the market is seeing one of the lowest rates of standard deviation in a while. In addition to that, the rate of return based on the targets in November is around 10% which is in line with the long-term average of the S&P 500. Based on this, Martin concluded that analysts are conservative with their estimates and are not willing to make bets on the outliers.Why are we interested in the stocks that hedge funds pile into?The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/wolfspeed-inc-wolf-stock-moon-200810586.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00BMPRXN33.USD","BK4077","IE00B894F039.SGD","LU1852331112.SGD","LU2360107168.USD","IE00B19Z9Z06.USD","IE00BMPRXR70.SGD","RDDT","LU2290526834.HKD","WOLF","LU1861215975.USD","BK4588","BK4585","IE00B19Z9P08.USD","LU1861220033.SGD","LU0056508442.USD","BK4547","BK4141"],"gpt_icon":1},{"id":"2503754266","title":"Wolfspeed completes $200M ‘at the market’ offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2503754266","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503754266?lang=en_us&edition=fundamental","pubTime":"2025-01-16 02:49","pubTimestamp":1736966947,"startTime":"0","endTime":"0","summary":"Before the market opened, Wolfspeed (WOLF) announced that it completed the offering of shares of its common stock under its previously announced “a...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/wolfspeed-completes-200m-at-the-market-offering?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/wolfspeed-completes-200m-at-the-market-offering?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","IE00B19Z9Z06.USD","LU1852331112.SGD","IE00B894F039.SGD","LU1861215975.USD","IE00BMPRXR70.SGD","LU0056508442.USD","IE00B19Z9P08.USD","WOLF","LU1861220033.SGD","BK4141","BK4585","IE00BMPRXN33.USD"],"gpt_icon":0},{"id":"2503621110","title":"Wolfspeed Raises Nearly $200 Million From 'At-the-Market' Equity Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2503621110","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503621110?lang=en_us&edition=fundamental","pubTime":"2025-01-16 00:28","pubTimestamp":1736958502,"startTime":"0","endTime":"0","summary":"Wolfspeed  said Wednesday it has completed its previously announced \"at the market\" equity offering selling about 27.8 million common shares for gross proceeds of nearly $200 million.The offering was conducted under a shelf registration statement and prospectus supplement dated Dec. 9, 2024, the company said.Wolfspeed plans to use the net proceeds from the ATM Program to strengthen its capital structure, lower leverage, and manage outstanding maturities on its balance sheet.Shares of Wolfspeed jumped more than 23% in recent Wednesday trading.Price: 5.96, Change: +1.14, Percent Change: 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