NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) between August 16, 2023 to November 6, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Gary Zagami v. Wolfspeed, Inc., et al. (Case No. 6:24-cv-01395) has been commenced in the United States District Court for the Northern Distri ...

RADNOR, Pa., Nov. 17, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE: WOLF) (“Wolfspeed”). On November 6, 2024, during after-market hours, Reuters published an article entitled “Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink.” Specifically, the article stated that Wolfspeed “forecast quarterly revenue ...

RADNOR, Pa., Nov. 16, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Wolfspeed, Inc. (NYSE: WOLF) ("Wolfspeed").On November 6, 2024, during after-market hours, Reuters published an article entitled "Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink." Specifically, the article stated that Wolfspeed "forecast quarterly revenue belo ...

NEW YORK, Nov. 16, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Wolfspeed, Inc. (NYSE: WOLF) resulting from allegations that Wolfspeed may have issued materially misleading business information to the investing public. So what: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...

NEW YORK, Nov. 14, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Wolfspeed, Inc. (NYSE: WOLF) resulting from allegations that Wolfspeed may have issued materially misleading business information to the investing public.So What: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The ...

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces an investigation of Wolfspeed, Inc. (NYSE: WOLF) for potential violations of the federal securities laws. If you invested in Wolfspeed, you are encouraged to obtain additional information by visiting: https://rosenlegal.com/case/wolfspeed-inc/. Why Did Wolfspeed’s Stock Drop? On November 6, 2024, after market hours, Reuters published an article entitled “Chipmaker Wolfspeed projects revenue below estimat ...

Wolfspeed (NYSE: WOLF ) reported a challenging q1’25 with revenue coming in below the midpoint of the guidance at $194mm paired with the announced restructuring that is intended to save the firm $200mm in annual costs. This earnings release sent sharesMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Ind ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!Late in August, I called the situation regarding Wolfspeed (NYSE: WOLF ) more concerning by the day. The transition to become a silicon carbide supplier has resulted in growing losses, higher capi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40863 __________________________________________ Wolfsnee WOLFSPEED, INC. (Exact name of registrant as spe ...

Wolfspeed's recent quarterly report arrived with some worrying news for investors.Wolfspeed (WOLF -34.21%) stock is crashing in Thursday's trading following the company's recent quarterly report. The chip specialist's share price was down 33.2% as of 1 p.m. ET.After the market closed yesterday, Wolfspeed published results for the first quarter of its current fiscal year, which ended Sept. 29. While the company posted a smaller-than-expected loss in the quarter, sales and forward guidance fell short of Wall ...