Wolfspeed shares soar 477% in one week; company names new CFO - Business North Carolina
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Wolfspeed shares soar 477% in one week; company names new CFO - Business North Carolina
Wolfspeed shares nearly doubled Monday, continuing its sharp rise since announcing June 30 that it had filed for Chapter 11 bankruptcy protection. A $1,000 investment in Wolfspeed at the June 30 closing of 40 cents would be worth $5,775 at Monday’s closing of $2.31. Gregor van Issum The price increase Monday was preceded by Wolfspeed’s announcement that Gregor van Issum is joining as chief financial officer, effective Sept. 1. Van Issum worked a…
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