Former silicon carbide giant Wolfspeed is preparing to file for bankruptcy, plunging 50% in after-hours trading on the US stock market
American semiconductor company Wolfspeed is preparing to file for bankruptcy, and the creditors' debt restructuring proposal has been approved. The company's stock price plummeted nearly 50% in after-hours trading on the US stock market. Investors should exercise caution, as there are risks in the market
According to media reports, the American wide bandgap semiconductor developer and manufacturer Wolfspeed is preparing to file for bankruptcy in the coming weeks. Several debt restructuring proposals put forward by creditors have been approved.
As of the time of publication, WOLF's stock price plunged nearly 50% in after-hours trading. 
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