CREE : Summary for Cree, Inc. - Yahoo Finance

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Cree, Inc. (CREE)


NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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26.49+0.28 (+1.07%)
At close: 4:00PM EST
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1d
Previous Close26.21
Open26.05
Bid26.40 x 300
Ask29.50 x 200
Day's Range25.94 - 26.55
52 Week Range20.75 - 32.92
Volume591,121
Avg. Volume1,177,496
Market Cap2.54B
Beta0.49
PE Ratio (TTM)-715.95
EPS (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • American City Business Journals3 days ago

    Analyst: Federal contracts likely stymied Cree, Infineon's Wolfspeed deal

    The company had announced in July it would be selling the power and radio-frequency subsidiary to German semiconductor manufacturer Infineon. Cree announced Thursday that it would keep Wolfspeed in-house. Both Cree and Infineon retracted their request to clear the deal, he says, adding that the company “greatly regret[s]” the outcome.

  • The Wall Street Journal4 days ago

    [$$] Cree and Infineon Call Off Wolfspeed Deal

    Cree and Infineon Technologies have called off the $850 million deal over Cree’s Wolfspeed unit, saying they couldn’t resolve regulators’ national security concerns.

  • Reuters4 days ago

    Cree ends Wolfspeed deal with Infineon over U.S. security concerns

    U.S. LED lighting maker Cree Inc said it would terminate a deal to sell its Wolfspeed Power and RF division to German chipmaker Infineon Technologies AG , citing security concerns raised by the U.S. government. Cree and Infineon have not been able to identify alternatives to address the security concerns, Cree said on Thursday. Infineon, which agreed to buy Wolfspeed in July last year for $850 million, said earlier in the day that it did not expect to be able to salvage the purchase.