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

Market News
17 Sep 2026
PRNewsWire
View Source
Bearish
Wolfspeed faces securities fraud probe after missing Q4 revenue and earnings estimates.

Wolfspeed reported Q4 2026 revenue of $149.6 million, far below the expected $223.55 million, and an adjusted loss of $2.26 per share versus an expected loss of $0.52. Following this, the company's stock dropped 9.42% to $26.35. Pomerantz LLP is investigating whether Wolfspeed and its executives engaged in securities fraud or other unlawful practices, potentially leading to a class action lawsuit. Investors affected are advised to contact the law firm for more information.

Wolfspeed shares are trading at USD 24.40 on Pluang, showing a 3.08% gain as of Sep 17, 2026 21:22 WIB. The stock's market cap stands at $1.25 billion, with a balanced order activity leaning slightly towards buying at 55%.

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