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Wolfspeed (WOLF) Stock Jumps 20% on $1.5 Billion Defense Loan
By Trader Edge at 2026-11-07 08:01
Sentiment: Negative
TLDR Wolfspeed (WOLF) stock jumped 19.86% to $37.60 in after-hours trading Wednesday. The move followed news of a conditional $1.5 billion loan commitment from the U.S. Department of War. The 30-year loan would fund silicon carbide and gallium nitride production for defense and communications use. The Department of War would get warrants for up to [...] The post Wolfspeed (WOLF) Stock Jumps 20% on $1.5 Billion Defense Loan appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
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