Why Wolfspeed Stock Rallied 10% Today

Why Wolfspeed Stock Rallied 10% Today Bigc Studio / Shutterstock.com Wolfspeed (NYSE: WOLF) was one of the best performers on Wall Street today. The stock climbed as high as 10% to finally end the session just below $25 per share. While that’s still a far cry from its 52-week high of$70, Wolfspeed investors aren’t complaining after watching shares slashed in half year-to-date. The Durham, North Carolina-based company, whose silicon carbide technology is used in EVs around the world, is reportedly the tar ...