Cree Announces Termination of Wolfspeed and Infineon Sale Transaction
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Needham & Company Remains Sidelined on Cree (CREE) Following Divestiture Termination
February 17, 2017 7:28 AM ESTNeedham & Company reiterated a Hold rating on Cree (NASDAQ: CREE) following the termination of the Wolfspeed divestiture to Infineon. With Wolfspeed now not going to be reported as discontinued operations, Needham believes this suggests Cree will keep the business and not look for... More
