WOLF Plunges 81.3% YTD: Should You Buy, Hold or Sell the Stock?
WOLFWolfspeed(WOLF) ZACKS·2024-09-13 00:55

Wolfspeed (WOLF) shares have underperformed the Zacks Computer & Technology sector and its Zacks Semiconductor - Discretes industry peers Tokyo Electron (TOELY) and Vishay Intertechnology (VSH) on a year-to-date (YTD) basis.While WOLF’s shares have plunged 81.3%, the same for Tokyo Electron and Vishay Intertechnology have declined 7.7% and 24.9%, respectively. The broader sector has appreciated 14.5% over the same timeframe.The underperformance can be attributed to the increasing competitive pressure, persi ...