Updated Jan. 7, 2013 at 4:41 p.m.
Earnings 2012
Durham, N.C. — Shares in LED maker Cree dropped more than 7 percent Monday after analyst firm Canaccord Genuity cut the stock to "Hold" from "Buy" and slashed its share target price by $6.
Blue Monday: Analyst's downgrade triggers 7.5% decline in Cree shares
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Earnings 2012
Durham, N.C. — Shares in LED maker Cree dropped more than 7 percent Monday after analyst firm Canaccord Genuity cut the stock to "Hold" from "Buy" and slashed its share target price by $6.
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