Wolfspeed (WOLF) Moves 7.9% Higher: Will This Strength Last? [Yahoo! Finance]
Wolfspeed, Inc. (WOLF)
Company Research
Source: Yahoo! Finance
This compares to the stock's 18.8% loss over the past four weeks. Wolfspeed has evolved into a pure-play silicon carbide provider through portfolio optimization initiatives that concluded with the sale of its RF business. It expects to be one of the top silicon carbide device suppliers over the next five years thanks to first-movers' advantage in 200-millimeter (mm) wafer volume production, which is the silicon carbide industry's most advanced technology. This maker of energy-efficient lighting is expected to post quarterly loss of $0.64 per share in its upcoming report, which represents a year-over-year change of -392.3%. Revenues are expected to be $201.49 million, down 11.9% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Wolfspeed, the consensus EPS est
Show less
Read more
Impact Snapshot
Event Time:
WOLF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WOLF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WOLF alerts
High impacting Wolfspeed, Inc. news events
Weekly update
A roundup of the hottest topics
WOLF
News
- Wolfspeed: Not So Bad [Seeking Alpha]Seeking Alpha
- Why Wolfspeed Sank Today [Yahoo! Finance]Yahoo! Finance
- Wolfspeed, Inc. (NYSE: WOLF) had its price target lowered by analysts at Citigroup Inc. from $29.00 to $25.00. They now have a "neutral" rating on the stock.MarketBeat
- Wolfspeed, Inc. (NYSE: WOLF) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $50.00 to $47.00. They now have a "buy" rating on the stock.MarketBeat
- Wolfspeed: Anything But Speed Of Progress [Seeking Alpha]Seeking Alpha
WOLF
Earnings
- 5/1/24 - Beat
WOLF
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 3/4/24 - Form 8-K
- WOLF's page on the SEC website