Wolfspeed Shares Swing Wildly Following Key Product Launch

A Remarkable Reversal in Fortunes

Wolfspeed Inc. experienced a period of intense stock market turbulence this week, with its share price whipsawing between steep losses and a powerful recovery. The dramatic moves highlight a market deeply divided over the company’s prospects, torn between the long-term potential of its newest technology and the immediate financial risks surrounding its impending exit from bankruptcy proceedings.