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Cree, Inc. operates as an innovator of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. It operates through the following segments: Wolfspeed, LED Products, and Lighting Products. Read More The Wolfspeed segment products consists of silicon carbide (SiC) and gallium nitride (GaN) materials, power devices and RF devices based on silicon (Si) and wide bandgap semiconductor materials. The LED Products segment includes LED chips, LED components and SiC materials. The Lighting Products segment consists of LED lighting systems and bulbs for the commercial, industrial and consumer markets. The Power and RF Products segment includes power devices and RF devices. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.
Durham, North Carolina
52 Week High
52 Week Low
Cree (CREE) Soars to 52-Week High, Time to Cash Out?
Have you been paying attention to shares of Cree (CREE)? Shares have been on the move with the stock up 12.6% over the past month.
Cree +3% after upgrade on "dominant" position
JMP Securities upgrades Cree (NASDAQ:CREE) from Market Perform to Market Outperform with a $74 PT citing the recent sale of the lighting business and its "dominant" position as a silicon carbide material supplier.
Present Technicals: Cree (NASDAQ: CREE)
Cree trades as part of the technology sector and is part of the semiconductors industry. The company CEO is Gregg A. Lowe. Cree Inc manufactures lighting-class light emitting diode LED products, lighting products and bandgap semiconductor products for power and radio-frequency RF applications. Previous Intraday Trading Performance: The CREE stock showed a previous change of 0.62% with an open at 57.40 and a close of 57.28. It reached an intraday high of 57.72 and a low of 56.82. SeekingAlpha: Cree: Ready...
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