Why Is Wolfspeed Stock Jumping Today? @themotleyfool #stocks $WOLF $^GSPC $^IXIC

Why Is Wolfspeed Stock Jumping Today? @themotleyfool #stocks $WOLF $^GSPC $^IXIC

Key PointsLast week, news that Wolfspeed would be exiting its Chapter 11 bankruptcy soon sent shares of the chipmaker flying.The plan includes clearing $4.6 billion in burdensome debt.10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) are jumping on Tuesday, up 5.8% as of 3:06 p.m. ET. The spike comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.4% and 0.6%, respectively. After a brief…