- 4-Week # shares sold: 25,000
- 12-Week # shares sold: 57,500
- 24-Week # shares sold: 90,000
Following Tuesday's market close, Cree (CREE) reported weaker-than-expected earnings for the 2016 fiscal fourth quarter and full year.
Cree is offloading Wolfspeed for $850 million as the LED products maker continues its journey to become a pure-play LED products maker.