Wolfspeed faces securities fraud probe after missing Q4 revenue and earnings estimates.

Wolfspeed reported Q4 2026 revenue of $149.6 million, far below the $223.55 million expected, and an adjusted loss of $2.26 per share versus the anticipated $0.52 loss. Following the disappointing results, the company's stock dropped 9.42% on August 20, 2026. Pomerantz LLP has launched an investigation into whether Wolfspeed and its executives engaged in securities fraud or other illegal activities, potentially leading to a class action lawsuit. Investors are advised to contact the law firm for more information or to join the case.