Abnormal movement in US stocks | Wolfspeed (WOLF.US) continues last week's rise, rising over 114% intraday.
According to the Securities Times app, on Monday, the former silicon carbide giant Wolfspeed (WOLF.US) saw a surge in its stock price during trading hours, with the stock rising over 114% to $2.518 at the time of publication. The stock had surged over 50% on the previous trading day. Last week, reports indicated that Wolfspeed is expected to withdraw from bankruptcy restructuring by the end of the third quarter.
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