In connection with its emergence from Chapter 11, Wolfspeed appointed Anthony M. Abate, Mike Bokan, Eric Musser, Hong Q. Hou and, pending certain regulatory approvals, Aris Bolisay, to its board.
Wolfspeed rose 32% to $29.26 after the chip company said it emerged from Chapter 11 bankruptcy. Wolfspeed said it has reduced its total debt by about 70%, and lowered its annual cash interest expense ...
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