Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

Wall Street punishes Cree for results

Oct. 22, 2010
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 ...

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.