|Bid||23.7000 x 300|
|Ask||24.1000 x 300|
|Day's Range||23.7600 - 24.2400|
|52 Week Range||20.7500 - 31.6400|
|PE Ratio (TTM)||-23.10|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A week after disclosing the impending departure of longtime CEO Chuck Swoboda , Durham LED maker Cree offers new details about what happens next – including how much severance he’ll be entitled to collect. According to securities disclosures released late Wednesday, Cree and Swoboda “mutually agreed” to accelerate his succession plan May 18, a day before the firm made the resignation public. The securities filings include a separation agreement that has Swoboda continuing to lead the company and chair its board of directors until one of two scenarios plays out.
Categories: ETFs Yahoo FinanceClick here to see latest analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Cree, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
Cree CEO Chuck Swoboda is resigning, saying he is re-evaluating his priorities following a recent medical issue. “Mr. Swoboda intends to stay on until a successor is appointed, and thereafter will remain available as a consultant to the Company to ensure a seamless transition of leadership responsibilities,” a statement from the company reads. Swoboda joined Cree (CREE) in 1993 and held numerous executive positions before taking on the CEO role in 2001.