Wolfspeed WOLF stock prediction: $53 bull case vs $13 bear…
Wolfspeed’s headline number is famous and almost universally misread. Roughly 24 million shares of the silicon carbide maker sit short, close to half the shares outstanding, and the crowd reads that as a squeeze waiting to happen. The capital structure says otherwise. Wolfspeed’s post-bankruptcy convertible notes convert into about 51.8 million new shares at strikes
