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home / news releases / CREE - Cree Is Betting On The Future Even If The End Results Are Up In The Air

CREE - Cree Is Betting On The Future Even If The End Results Are Up In The Air

Cree Inc.
  • Cree has been struggling with losses and shrinking revenue, which explains why Cree has decided to make major changes to turn things around.
  • Cree believes it has a solution for its predicament, although more spending will be needed and probably more losses as well.
  • There are a couple of reasons why the stock has outperformed even though the company is losing money and trading at very high multiples.
  • Betting on Cree requires setting aside the present to focus on the future, but that may not necessarily be the right move.

For further details see:

Cree Is Betting On The Future Even If The End Results Are Up In The Air
Stock Information
Company Name: Cree Inc.
Stock Symbol: CREE
Market: NASDAQ
Website: cree.com
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