On April 22, 2024, Jana Partners announced that it is urging the Wolfspeed Inc. to explore all ways to improve shareholder value, including a potential sale. Jana Partners wrote in the letter that it is high time for the Company with a market value of $2.8 billion to pursue ?all avenues to improve the Company's performance? and begin a ?comprehensive review of strategic alternatives.?
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5-day change | 1st Jan Change | ||
24.37 USD | +0.49% | -6.66% | -43.99% |
05-07 | Deutsche Bank Cuts Wolfspeed's Price Target to $25 From $30, Maintains Hold Rating | MT |
05-02 | Global markets live: Etsy, Qualcomm, Carvana, Rio Tinto, Apple... |
EPS Revisions
1st Jan change | Capi. | |
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+39.82% | 132B | |
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+41.15% | 111B |
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- Jana Partners Urges Wolfspeed to Explore Ways to Other Strategic Alternatives