$Wolfspeed Inc.(WOLF)$  I believe there is a reverse split and that looking at the costline of the new position, I have every reason to believe that one of the action plan by the restructuring is to take sfsreholders' capital to pay down the debt; hence the loss reflecting against current price.



Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment6

  • Top
  • Latest
  • SteveTPH
    ·09-30
    TOP
    Same here! My number of shares become very small and my position at very high price. How can this be possible!
    Reply
    Report
  • Jade Joy
    ·09-30
    TOP
    Mine is showing a small number of shares bought at a very high price. Anyone having the same issue?
    Reply
    Report
    Fold Replies
    • SteveTPH
      Yes, my number of shares reduced and at very high price. How can it be like that? This is cheating and no announcement publishing at all!!!
      09-30
      Reply
      Report
  • AdamHunk
    ·09-30
    news is out. 120 old Shares for 1 new stocks.
    Reply
    Report
  • XAJ
    ·09-30
    Same here, become 203 per share
    Reply
    Report
  • Rajaa
    ·09-30
    Same here
    Reply
    Report