Movement Alert|Wolfspeed Inc. Intraday Decline 8.25%, Semiconductor Sector Under Broad Pressure

Market Focus
Yesterday

On October 12, Wolfspeed Inc. fell 8.25% in regular trading, trading at $28.12/share, with Turnover of $27.30 million.

Within the Semiconductors sector where Wolfspeed Inc. belongs, the overall sector change is negative. Among individual stocks, Micron Technology down 4.09%, NVIDIA down 0.78%, Advanced Micro Devices down 1.95%, Intel down 2.59%, Marvell Technology down 1.57%.

Wolfspeed, Inc. operates as a bandgap semiconductor company focused on silicon carbide and gallium nitride technologies. It offers materials and devices for RF, power, and other applications, serving markets including electric vehicles, telecommunications infrastructure, and military. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021, headquartered in Durham, North Carolina.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10