Wolfspeed shares are trading higher after the company reported mixed Q1 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Wolfspeed reported mixed Q1 financial results and issued guidance, leading to a rise in its share price.
October 31, 2023 | 12:45 pm
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Wolfspeed's mixed Q1 results and new guidance have led to an increase in its share price.
Wolfspeed's Q1 financial results, although mixed, along with the new guidance issued by the company, have been positively received by the market, leading to an increase in its share price. This indicates investor confidence in the company's future performance.
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