Updated Jan. 23, 2013 at 4:38 p.m.

Premium Lock Cree shares soar 22% after strong earnings report

Published: 2013-01-23 10:45:00
Updated: 2013-01-23 16:38:55

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Cree Earnings 2012
Tags: Cree

Shares in LED manufacturer Cree jumped more than 22 percent Wednesday to a new 52-week high of $41.20 in the wake of a strong earnings report on Tuesday. Two analyst firms raise their share target prices to $41 and $42....

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