Replies to post #664 on WolfSpeed (formerly CREE) (WOLF)

[Slim6]

Correct WOLF stock does not exist anymore. It was been renamed WOLF.old
Old shares are reverse split when 20 shares become 1 share. WOLF.old used to be 1.20 per share.
The new reverse split stock gives turns 100 share at $1.20 per share. toe 5 shares at $24 per share.
But now the new shares are dropping from $24 per share to only $18 per share. That is quite a haircut to prior shareholders.