Wolfspeed Shares Stage Remarkable Recovery Ahead of Earnings Report

Wolfspeed shares have surged dramatically in recent trading, posting a 24% gain over the past week to reach $33.26 per share. This impressive rally comes as investors anticipate the company's upcoming quarterly results scheduled for October 29, which will represent the first earnings release since Wolfspeed successfully emerged from bankruptcy protection in late September 2025.

The semiconductor specialist faces a pivotal moment when CEO Robert Feurle and CFO Gregor van Issum present first-quarter 2026 financial results at 11:00 PM German time on October 29. These figures will provide the initial glimpse into the company's operational performance following its financial restructuring, offering market participants their first opportunity to assess the restructured entity's business trajectory.

Market timing adds significant pressure to this earnings release. Following extensive corporate reorganization, the... Read more...