My dears, have any of you been invested here?
Furious return to the stock market: the share price of the restructured US chip manufacturer Wolfspeed, which had once planned a plant in Saarland, has risen so rapidly that trading had to be interrupted several times.
29.09.2025, 20.05 hrs
US chip manufacturer Wolfspeed, which was restructured following insolvency, has celebrated a spectacular return to the stock market. The company's shares shot up by around 1500 percent at times on Thursday before trading was suspended several times due to high volatility.
The New York Stock Exchange Nyse had previously announced that the company's old shares would be removed from trading as part of the insolvency proceedings. In return, investors will receive new shares in the restructured group, which will secure the company's continued stock market listing.
Wolfspeed shares once cost more than 120 dollars
Profits crumbled in the course of trading, but the shares were still up 1140 percent at just under 15 dollars. However, they are still a long way from their highs. Three years ago, the share price was still more than 120 dollars.
In June, Wolfspeed filed for protection from creditors under Chapter 11 of the US Bankruptcy Code, which allows the company to reorganize on its own. At the end of June, the shares were therefore trading at just under 40 US cents. The agreement with the creditors provided for a debt cut of 4.6 billion dollars and a financial injection of 275 million dollars.
Wolfspeed is a customer of Aixtron. Aixtron is a leading provider of deposition equipment for the semiconductor industry and supplies technologies for the manufacture of high-performance components, which are used by Wolfspeed for the production of semiconductors.
