Wolfspeed, Inc. Common Stock (WOLF)

The GaN and SiC chipmaker could struggle to justify its high valuations.

Wolfspeed stock has recorded a huge rally since July, but it's been a big loser as a long-term investment.

Wolfspeed recently filed for bankruptcy protection, which it is optimistic will help drastically reduce its debt.

Wolfspeed is restructuring its debt and recalibrating for the future.

Wolfspeed shares were trading flat Thursday afternoon. Thursday's stability follows a surge in investor interest sparked by the company's strategic financial overhaul announced in late June.

After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.

Shares of Wolfspeed Inc. (NYSE: WOLF) are trading higher on Wednesay on a wave of investor interest that began in late June.

Wolfspeed, Inc. (NYSE:WOLF) shares are trading higher Tuesday, adding to strong gains in recent weeks. The company's restructuring deal appears to have sparked renewed investor confidence.

Wolfspeed shares are trading sharply higher Monday morning. Monday's move follows a series of strategic moves by the company last week.