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Oneida County Executive Anthony Picente reacted to the news of a possible bankruptcy filing by Wolfspeed in the coming weeks.
Wolfspeed faces imminent bankruptcy with collapsing margins, widening losses, and no path to profitability. Discover why it's ...
Shares of Wolfspeed Inc. slid almost 60% on Wednesday after a report indicated that the company is preparing to file for ...
Wolfspeed is preparing to file for bankruptcy within a matter of weeks, The Wall Street Journal reports, UnitedHealth stock ...
Wolfspeed’s stock dropped by over 60% after reports began circulating that the company is preparing to file for chapter 11 ...
U.S. stocks slipped as Treasury yields rose, impacting Wall Street indexes amid tax-cut bill discussions and federal debt ...
MARCY, N.Y. -- Shares of Wolfspeed Inc. dropped by over 60% on Wednesday. Various financial publications are reporting that the company could file for bankruptcy in the coming weeks. MarketWatch ...
EDT, the S&P 500 was down 1.14%, the Dow Jones Industrial Average fell 1.57%, and the Nasdaq Composite lost 0.86%.
Susquehanna analysts noted earlier this month that "fundamentals remain weak for Wolfspeed as 200mm wafers from the JP fail to take off and demand for devices remains depressed." The company operates ...
U.S. equities were mixed at midday, with the market following the progress of the Republican tax cut and spending bill that ...
The Triangle semiconductor firm is headed toward bankruptcy within weeks, The Wall Street Journal reported, citing sources ...
The Wall Street Journal reported Tuesday afternoon that after the company rejected several proposals by creditors to ...