Alert: Major Price Decline (12/10/24)-Wolfspeed Inc (NYSE: WOLF).

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On 12/10/24, Wolfspeed Inc (NYSE: WOLF) stock suffered a major decline of -11.8%, closing at $8.88. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -20.0% during the last week.

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Current PriceTarget Research Rating

Wolfspeed has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Wolfspeed has a neutral Appreciation Score of 51 but a very low Power Rating of 1, with the Lowest Value Trend Rating the result.

Rating Review

In light of this highly negative 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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