
Shares of chipmaker Wolfspeed WOLF.N up 2.2% to $1.35 premarket
Co's Q4 rev of $197 mln beats analyst expectations of $191.80 mln, per data compiled by LSEG
WOLF says "next important milestone is for court to approve plan of reorganization next month and emerge from Chapter 11 shortly thereafter"
Co had filed for Chapter 11 bankruptcy protection in July
On an average, six analysts rate the stock "hold"; their median PT is $4, as per data compiled by LSEG
YTD, WOLF down 80%