LOS ANGELES, CA / ACCESSWIRE / October 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
LOS ANGELES, CA / ACCESSWIRE / October 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Wolfspeed's beaten-down shares saw a short-covering rally, thanks in part to the U.S. government.
Wolfspeed, Inc. secures $2.5 billion in funding, including $750 million from the U.S. Department of Commerce and $750 million from Apollo-led investment group. With capital in place, Wolfspeed aims for $3 billion in annual revenue in a few years, driven by substantial design-ins and design-wins, especially in EVs. The stock has already rallied off the lows, but Wolfspeed is a major bargain, trading below 1x future sales targets.
LOS ANGELES, CA / ACCESSWIRE / October 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
The silicon carbide semiconductor specialist's relentless rebound continues.
NEW YORK, NY / ACCESSWIRE / October 16, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed") (NYSE:WOLF) concerning possible violations of federal securities laws. On August 16, 2023, Wolfspeed issued a press release reporting its financial results for the fourth quarter and full fiscal year 2023.
Shares of Wolfspeed (WOLF) soared nearly 25% Tuesday when the maker of high-speed semiconductors reported it could receive as much as $2.5 billion in funding under the CHIPS and Science Act of 2022, and from an investment group.
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed") (NYSE:WOLF) concerning possible violations of federal securities laws. On August 16, 2023, Wolfspeed issued a press release reporting its financial results for the fourth quarter and full fiscal year 2023.
LOS ANGELES, CA / ACCESSWIRE / October 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
With the semiconductor space ranking among the most rewarding segments of the stock market in recent months, Wolfspeed (NYSE: WOLF) is emerging as a real ‘hidden gem' in the sector.
Wolfspeed got $750 million in new funding, and may get another $750 million from the U.S. CHIPS Act.