Updated Jan. 23, 2013 at 4:38 p.m.
Durham, N.C. — 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. Copyright 2013 WRAL Tech Wire. All rights reserved.
Cree shares soar 22% after strong earnings report
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Durham, N.C. — 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. Copyright 2013 WRAL Tech Wire. All rights reserved.
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