US Stock Market Move | Wolfspeed (WOLF.US) falls more than 29% and plans to move its registration to Delaware.
As of the time of writing, the stock has fallen by more than 29%, trading at $1.305.
On Friday, global silicon carbide manufacturer Wolfspeed (WOLF.US) saw a sharp drop in stock price, with the stock falling over 29% to $1.305 as of press time. On the news front, Wolfspeed recently issued a new announcement, stating that as part of a strategic restructuring plan, the company plans to move its headquarters from North Carolina to Delaware by September 29, 2025. The company is currently in Chapter 11 bankruptcy protection proceedings, and in the announcement, it warned investors that trading its securities is highly speculative and shareholders may face significant losses.
Related Articles
"The 'China choice' of global SiC core customers: Why TIANYU SEMI (02658)?"
Guosen: RWA welcomes the era of strict supervision.
Wondershare Technology Group (300624.SZ) has upgraded its Wondershare Filmora desktop version: free video editing, better AI results!
"The 'China choice' of global SiC core customers: Why TIANYU SEMI (02658)?"
Guosen: RWA welcomes the era of strict supervision.
Wondershare Technology Group (300624.SZ) has upgraded its Wondershare Filmora desktop version: free video editing, better AI results!
RECOMMEND
Nine Companies With Market Value Over RMB 100 Billion Awaiting, Hong Kong IPO Boom Continues Into 2026
07/02/2026
Hong Kong IPO Cornerstone Investments Surge: HKD 18.52 Billion In First Month, Up More Than 13 Times Year‑On‑Year
07/02/2026
Over 400 Companies Lined Up For Hong Kong IPOs; HKEX Says Market Can Absorb
07/02/2026
