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Wolfspeed, Inc. (WOLF)

28.35 +1.51 (+5.63%)
At close: September 4 at 4:00:03 PM EDT
28.46 +0.11 (+0.40%)
After hours: September 4 at 7:59:34 PM EDT
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Updated 53m ago
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Wolfspeed's recent Q4 results showed $149.6 millionin revenue but a significant net loss of $145.4 million, leading to a 9.4% dropin share price. Despite a promising surge in AI data-center sales, the company faces challenges with negative gross margins and underutilized production capacity.

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