finance.yahoo.com / Yahoo! Finance
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2024-11-22 22:16:15
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2024-11-22 22:16:15Event JSON
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"Wolfspeed's stock price rose 31% on Friday, with the company's share price up as much as 35.4% earlier in the day. The gain was attributed to news about executive chairman Thomas Werner's compensation and filings with the Securities and Exchange Commission (SEC) showing that insiders had recently acquired shares. Werner is set to receive $150,000 in cash and $250,000 worth of restricted stock units as executive chairman, and several board members also acquired significant amounts of stock. The insider buying and compensation package are seen as positive signs for the company's future."
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