Scalper1 News
Cree (CREE) stock plummeted Thursday after the LED light designer and chipmaker said that revenue for its just-completed quarter would be lower than expected. Cree stock was down 13% in midday trading in the stock market today to a 20-month low near 34.50. The stock has fallen more than 45% this year. The Durham, N.C.-based company, which makes LED (light-emitting diode) lighting and chips for wireless and power applications, cited Scalper1 News
Scalper1 News