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What the heck is going on at Wolfspeed?!
Originally recorded: May 6, 2025
The WSJ published an article that WOLF is now the most shorted stock in the entire US market. The company's CFO then unexpectedly stepped down.
And yet even after what appeared to be the worst-case scenario, recent negotiations have resulted in its stock price doubling within just the past two weeks.
I dug into the filings and took a closer look at a Bloomberg terminal with a special situations guru that I called up earlier this week.
Here's exactly what's going on with one of the market's most volatile stocks.
Are you ready to get started with 7investing, to see all of our active recommendations, our five monthly Best Buys, our buy/hold/sell conviction ratings, and our interactive community forum?
If so, your first week is free at: 7investing.com/subscribe
4.1
8787 ratings
What the heck is going on at Wolfspeed?!
Originally recorded: May 6, 2025
The WSJ published an article that WOLF is now the most shorted stock in the entire US market. The company's CFO then unexpectedly stepped down.
And yet even after what appeared to be the worst-case scenario, recent negotiations have resulted in its stock price doubling within just the past two weeks.
I dug into the filings and took a closer look at a Bloomberg terminal with a special situations guru that I called up earlier this week.
Here's exactly what's going on with one of the market's most volatile stocks.
Are you ready to get started with 7investing, to see all of our active recommendations, our five monthly Best Buys, our buy/hold/sell conviction ratings, and our interactive community forum?
If so, your first week is free at: 7investing.com/subscribe
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