This article first appeared on GuruFocus. Wolfspeed (NYSE:WOLF) has come out of Chapter 11 with less debt, a slimmer share count and a new board, but the reset came at a brutal cost to existing investors. The company wiped away 70% of its debt, or $4.6 billion, and stretched maturities to 2030. Annual interest costs are now 60% lower, giving …
Read More »Wolfspeed Emerges Leaner, Shareholders Left Nursing Losses
