Wolfspeed Stock Rose Over 47% After Court Approved Chapter 11

September 9, 2025

Catenaa, Tuesday, September 09, 2025- Wolfspeed shares surged over 47% on Tuesday after it said a US court confirmed the chipmaker’s Chapter 11 reorganization plan, clearing the way to exit bankruptcy protection in the next several weeks. Upon emergence from bankruptcy, the company expects to reduce its overall debt by about 70%, or nearly $4.6 […]