Wolfspeed (WOLF) Rises 8% Amid Bargain Hunting After Sharp Decline
Wolfspeed's stock surged 8.20% to $48.69 after a significant drop of 32.5% in June, as investors engaged in bargain hunting. The company recently launched its fifth-generation Silicon Carbide (SiC) MOSFETs with improved efficiency and broader applications across automotive and industrial sectors.
Tickers: $WOLF
Topics: artificial intelligence EV technology SiC MOSFETs Wolfspeed