Wolfspeed Stock’s Wild Comeback: From Bankruptcy to Boom – Will the Rally Last?
A Soaring Stock After Bankruptcy Wolfspeed’s stock story of 2025 has been nothing short of extraordinary. In just one week, WOLF went from essentially worthless to a $30 stock, after the company executed a lightning-fast Chapter 11 bankruptcy exit. The restructuring, approved in September, wiped out most of the old shareholders but dramatically de-levered Wolfspeed’s balance sheet ts2.tech nasdaq.com. Roughly $6.5 billion in debt was slashed to about $2.0 billion, extending maturities to 2030, and only ~25.8 million new shares were issued (mostly to creditors) ts2.tech nasdaq.com. This set the stage for a massive short squeeze-like rally: the “new” Wolfspeed