Cree, Inc.
28.480.04 (0.14%)

After hours: 28.480.00 (0.00%) as of 4:40 PM EDT

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Prev Close28.44
Bid26.48 x 1000
Ask75.00 x 100
52wk Range22.10 - 32.92
Day's Range28.10 - 28.50
Avg Vol (3m)1,085,384
As of 4:00 PM EDT. Market closed.
  • Infineon to Buy Cree's Wolfspeed for $850M, Shares Flat
    Zacks7 days ago

    Infineon to Buy Cree's Wolfspeed for $850M, Shares Flat

    Infineon Technologies AG (IFNNY) recently inked a definitive agreement with premium manufacturer and marketer of lighting-class LEDs, Cree Inc. (CREE) to acquire its Wolfspeed Power and RF division.

  • Barrons.com9 days ago

    Cree: Analysts Cautiously Optimistic After Wolfspeed Sale, Forecast

    Cree  (CREE) ended lower on Friday, a day after it soared on news that it agreed to sell its Wolfspeed unit to Infineon Technologies (IFNNY) for $850 million. A few analysts weighed in on the sale—as well as Cree’s upbeat guidance—on Thursday, and most are still cautious on the stock, but see the developments as positive. Canaccord’s Jed Dorsheimer reiterated a Hold rating but upped his price target by $5, to $24: Cree's sale of its Wolfspeed Power & RF segment and preliminary revenue results are certainly much needed incremental positive steps, which investors should appreciate.