
Citigroup’s Bold Moves in Wolfspeed Stock Shake the Market!

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Citigroup Inc made significant transactions in Wolfspeed Inc stock, purchasing 194,305 shares for $5.16 million and selling 194,423 shares for $5.09 million. Wolfspeed's stock has fluctuated, recently rising 4.41% to $30.88 after a Q1 earnings report showing $197 million in revenue but a GAAP loss per share of $4.12. Analysts expect a revenue decline next quarter due to market softness. Spark rates WOLF as Neutral, citing poor financial performance and unattractive valuation.
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