Wolfspeed Shares Jump as Market Reassesses Dilution Risk Versus Strategic Deals
Wolfspeed Inc. climbed 9.4% in morning trading after a pullback in the prior session that was driven by dilution concerns tied to an S-1 registration filing. Investors appear to be prioritizing a memorandum of understanding with GE Aerospace to co-develop high-voltage silicon carbide power modules and the company’s fifth-generation SiC technology p…