Wolfspeed Inc (NYSE: WOLF) stock enjoyed a major increase of 10.1% on 12/23/24. The shares closed at $7.75. However, trading volume in this advance was normal at 83% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -6.1% during the last week.
Current PriceTarget Research Rating
Wolfspeed has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Wolfspeed has a slightly positive Appreciation Score of 63 but a very low Power Rating of 1, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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