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flag Wolfspeed's stock dropped 7.5% and $2.78, respectively, on Thursday and Friday after reporting a loss worse than expected.

flag Wolfspeed, a semiconductor company specializing in silicon carbide and gallium nitride technologies, saw its stock price fall by 7.5% on Thursday and another $2.78 on Friday, following a reported loss of $1.10 per share, worse than analysts' forecasts. flag Put options trading surged by 72%, with 54,369 put options bought. flag Despite the decline, Wolfspeed has a "Hold" rating and a target price of $14.86. flag The company's market cap is $332.69 million.

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