Shares of Cree (NASDAQ: CREE) gained 26.6% in October 2017, according to data from S&P Global Market Intelligence. The light-emitting-diode lighting specialist delivered a mixed first-quarter earnings report in the middle of the month, with …
The first time that I went caving, not so many years ago, I did so with a borrowed carbide lamp, a Rube Goldberg contraption that generates acetylene gas from calcium carbide and water. Acetylene burns brightly and was the lighting …
Can you name one stock that you'd feel comfortable owning for at least the next five years? Given the obsolescence risk of any technology over an extended period of time, that list can't be very long. But there's a wave building out there and it's …
Durham, N.C. — As the stock markets closed Wednesday, Cree announced a restructuring plan, a big cut in its revenue forecast and a $500 million share buyback plan. Wall Street reaction was immediate Thursday: Shares fell 10 percent …
Before Monday’s surge, Cree’s stock had declined 6.1 percent since the beginning of the year. Over the same period of time, the Nasdaq was up more than 18 percent.
LOS ANGELES, Aug 17 (Reuters) - LED maker Cree Inc (CREE.O) on Wednesday said it would pay $525 million for Ruud Lighting Inc, expanding its presence in the market for outdoor lighting systems. The company’s shares fell 7.9 percent …
The consensus estimate is for EPS of $0.07. Cree rose steadily until around 1:30PM Wednesday, before profit taking set in. The stock still finished with a gain of 4.82 at $34.16 on the highest volume of the year. Cree surged past the upper …
Cree Inc. (NASDAQ: CREE) was downgraded to Underweight from ... The 52-week range is $52.64 to $78.64, and the …