Cree (CREE) Volatility Elevated as CFO Slide Continues
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Cree, Inc. (Nasdaq: CREE) is seeing early activity Wednesday, likely on pressure from news out of Europe hitting markets, but also continuing from the abrupt resignation of its CFO Tuesday.
Implied volatility is up about 13 percent from Tuesday's close while shares are 4.4 percent lower. Cree slipped 6.5 percent yesterday.
For more on the CFO resignation, click here.
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Implied volatility is up about 13 percent from Tuesday's close while shares are 4.4 percent lower. Cree slipped 6.5 percent yesterday.
For more on the CFO resignation, click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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