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    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.