What's Going On With Wolfspeed Stock Thursday?
Wolfspeed shares are trading higher Thursday on possible continued strength after the company announced Wednesday after the market closed that it received a conditional loan commitment of up to $1.5 billion from the U.S. Department of Defense's Office of Strategic Capital.
Wolfspeed got news that the U.S. government might loan them money. This shows people think the company might do well in the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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