Reuters:

US chipmaker Wolfspeed's shares close up 29.41% after the company emerged from Chapter 11 bankruptcy and achieved its goal of reducing overall debt by ~70%  —  Wolfspeed (WOLF.N) shares surged 33% on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load.

Reuters:

US chipmaker Wolfspeed's shares close up 29.41% after the company emerged from Chapter 11 bankruptcy and achieved its goal of reducing overall debt by ~70%  —  Wolfspeed (WOLF.N) shares surged 33% on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load.

Source: TechMeme
Source Link: http://www.techmeme.com/250930/p46#a250930p46