Updated Jan. 25, 2017 at 7:51 a.m.

Premium Lock Cree stock surges after Street beat; Wolfspeed spinoff nears

Published: 2017-01-25 06:02:00
Updated: 2017-01-25 07:51:37

Cree logo    Cree logo

Cree beats Wall Street expectations on revenues and earnings, sending its stock up nearly 6 percent in after-hours trading Tuesday. Meanwhile, the Durham LED giant also says it's moving closer to selling off its Wolfspeed power technology business....

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