Wall Street punishes Cree for results

Despite the fact that Cree Inc. (CREE), Durham, N.C., set a new sales record for the quarter its stock price took a 10% dive, as Wall Street prognosticators were disappointed with Cree's financials. There's lots of discussion out there right now on the future of Cree and other LED stocks.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish