- Entry
- $3.47
- Final
- $1.53 -55.9%
- Target
- —
- Score
- -1.00
Wolfspeed's market cap is down to almost $500M. It has a large amount of debt (around $7B) and has been losing a lot of cash in recent quarters. This lead to the stock being very heavily shorted. The reason for the large debt is because they've been building 2 new factories in US to dramatically ramp up their production. Wolfspeed qualified for CHIPS funding, but there have been questions about the company successfully getting the grant under the new administration. …
— ORIGINAL POST ·
$WOLF moon thesis
· r/stocks
· Apr 30, 2025