Wolfspeed (NYSE: WOLF) experienced a drastic 94% decline in its stock price during the first half of 2025, contrasting with a 5.5% gain in the S&P 500, due to disappointing quarterly results and a bleak sales outlook. The situation worsened as the company filed for Chapter 11 bankruptcy protections at the end of June amid rising concerns about its financial stability.
Explain It To Me Like I’m 5: Wolfspeed, a company that makes special parts for technology, lost a lot of money this year, and people got really worried about it, even thinking it might have to close down for good.
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