30 Sep 2025 | 5 Mins Read
Wolfspeed shares surge after Chapter 11 exit
Flipitmoney
Wolfspeed shares surged over 25% on Tuesday after emerging from Chapter 11 bankruptcy with a 70% reduction in debt. The company successfully restructured, extending debt maturities and naming a new CFO. CEO Robert Feurle stated the start of a new era, positioning Wolfspeed to capture rising demand in end-markets including EVs, AI, and industrial sectors.