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home / news releases / CREE - Why Cree Is Not As Bad Off As Headline Numbers Suggest

CREE - Why Cree Is Not As Bad Off As Headline Numbers Suggest

Cree Inc.
  • Cree’s losses got bigger and forecasts expect more of them, but the company is not as bad off upon closer review.
  • The stock has benefited in spite of the bad numbers from a favorable environment, but some of the tailwinds are likely to lose strength.
  • Cree is betting on the Wolfspeed unit becoming a winner in tomorrow’s world, but it could also suffer the same fate that befell the LED unit.
  • Cree is ahead in the race to bring SiC to EVs, but being ahead does not mean someone else cannot come from behind and overtake it.

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Why Cree Is Not As Bad Off As Headline Numbers Suggest
Stock Information
Company Name: Cree Inc.
Stock Symbol: CREE
Market: NASDAQ
Website: cree.com
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