Wolfspeed (WOLF) just pulled off the most shocking bankruptcy rally of 2025.
On Monday, the company filed for Chapter 11 bankruptcy, and instead of crashing, shares spiked more than 50% in pre-market… then skyrocketed over 1,100% intraday.
Here’s why:
Court-approved restructuring wipes out 70% of its $6.5B debt (down to $2B).
Interest expenses slashed by 60%.
But current shareholders only keep 3–5% of the new equity — creditors take control.
Old Wolfspeed shares will be delisted on October 10th.
Today, shares are still volatile after the fireworks. Is this just a trading frenzy, or the start of a real turnaround?
Drop your thoughts in the comments ⬇️
#Wolfspeed #Bankruptcy #Stock
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