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@benzinga
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 #StockMarket #WOLF

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