Cree Inc (CREE) 24.65 $CREE Technical Roundup o
Post# of 273257
Posted On: 09/03/2016 3:18:17 PM
Cree Inc (CREE) 24.65 $CREE
Technical Roundup on Semiconductor Stocks -- Cree, Ambarella, United Microelectronics, and ASML Holding
PR Newswire - Fri Aug 26, 7:10AM CDT
The Semiconductor Equipment and Materials space consists of companies that provide the basis for the manufacturing of semiconductors. Factors affecting these operators are fluctuations in the capital expenditures of semiconductor manufacturers and the cyclicality of the industry. Stock-Callers.com directs investors' attention to the following equities: Cree Inc. (NASDAQ: CREE), Ambarella Inc. (NASDAQ: AMBA), United Microelectronics Corp. (NYSE: UMC), and ASML Holding N.V. (NASDAQ: ASML). Sign up today and download for free the research reports for the stocks covered today at:
AMBA: 66.99 (-4.79), UMC: 1.87 (+0.01), ASML: 107.86 (+0.37), CREE: 24.65 (+0.27)
Cree Set to Possibly Pullback After Yesterday's Rally of 2.97%
Comtex SmarTrend(R) - Thu Aug 25, 1:49PM CDT
Cree (NASDAQ:CREE) traded in a range yesterday that spanned from a low of $23.61 to a high of $24.26. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $24.21 on volume of 558,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CREE: 24.65 (+0.27)
Look for Shares of Cree to Potentially Pullback after Yesterday's 2.97% Rise
Comtex SmarTrend(R) - Thu Aug 25, 1:48PM CDT
Cree (NASDAQ:CREE) traded in a range yesterday that spanned from a low of $23.61 to a high of $24.26. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $24.21 on volume of 558,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CREE: 24.65 (+0.27)
Company News for August 18, 2016
Zacks Equity Research - Zacks Investment Research - Thu Aug 18, 9:10AM CDT
Companies In The News are: LOW,TGT,CREE,PLKI
TGT: 70.81 (+0.23), LOW: 76.96 (+0.52), PLKI: 54.80 (+0.50), CREE: 24.65 (+0.27)
Downgrade Alert for Cree (CREE)
Comtex SmarTrend(R) - Thu Aug 18, 3:08AM CDT
Cree (NASDAQ:CREE) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $23.38 on volume of 9.8 million shares, above average daily volume of 1.8 million. Cree has overhead space with shares priced $23.38, or 18.1% below the average consensus analyst price target of $28.56. The stock should find initial resistance at its 200-day moving average (MA) of $26.54 and further resistance at its 50-day MA of $27.48.
CREE: 24.65 (+0.27)
Target and Barnes & Noble tumble; Urban Outfitters soars
AP - Wed Aug 17, 3:41PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
URBN: 36.10 (+0.32), SPLS: 8.56 (+0.05), TGT: 70.81 (+0.23), LL: 15.91 (+0.31), OSIS: 68.37 (+0.82), BKS: 11.53 (+0.10), CREE: 24.65 (+0.27)
Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2016
BusinessWire - Tue Aug 16, 3:01PM CDT
Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $388 million for its fourth quarter of fiscal 2016, ended June 26, 2016. This represents a 2% increase compared to revenue of $382 million reported for the fourth quarter of fiscal 2015, and a 6% increase compared to the third quarter of fiscal 2016. GAAP net loss for the fourth quarter was $11 million, or $0.11 per diluted share, compared to GAAP net loss of $88 million, or $0.83 per diluted share, for the fourth quarter of fiscal 2015. On a non-GAAP basis, net income for the fourth quarter of fiscal 2016 was $19 million, or $0.19 per diluted share, compared to non-GAAP net loss for the fourth quarter of fiscal 2015 of $21 million, or $0.19 per diluted share.
CREE: 24.65 (+0.27)
3 Stocks to Watch After the Market Closes Today
ESTMZ - Tue Aug 16, 9:47AM CDT
Urban Outfitters ( URBN ): Universal themes impacting the broader retail sector have also hurt Urban Outfitters. A shift in consumer spending habits towards fast fashion and online retailers have been especially concerning for sales. The company has...
URBN: 36.10 (+0.32), SPY: 218.37 (+0.98), PLKI: 54.80 (+0.50), CREE: 24.65 (+0.27)
Semiconductor Stocks Earnings Preview: ADI, CREE, SMTC
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 6:20AM CDT
The second-quarter earnings reporting cycle is drawing to a close. We have results from 454 S&P 500 companies (or 92.1% of the index's total market capitalization) as of Aug 10.
FB: 126.51 (+0.34), ADI: 63.15 (+0.09), GOOGL: 796.87 (+5.47), CREE: 24.65 (+0.27), SMTC: 28.07 (+0.58)
Cree, Inc. Announces 2016 Fourth Quarter Earnings Release Webcast
BusinessWire - Tue Aug 09, 8:00AM CDT
About Cree
CREE: 24.65 (+0.27)
Next-Generation Cree CPY LED Canopy Luminaire Delivers Category-Leading Efficiency
BusinessWire - Thu Aug 04, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) continues to break efficiency records with the next generation of its best-selling CPY 13,000 lumen LED canopy luminaire, delivering category-leading efficiency of up to 136 lumens per watt (LPW). This new 13,000 lumen Cree(R) canopy luminaire offers superior illumination and industry-leading efficiency, as well as easy installation and lower total cost of ownership for better light experiences. Already a favorite with canopy owners for its uniform, clean white light, the 13,000 lumen CPY luminaire boosts efficacy by 20 percent, lowering operating costs while enhancing roadside visibility and appeal at service stations, convenience stores and drive-through restaurants or banking locations.
CREE: 24.65 (+0.27)
New Cree(R) MHB-B LED Lowers System Costs for High Performance Lighting Applications
BusinessWire - Thu Aug 04, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) introduces the XLamp(R) MHB-B LED, a new high-power LED that enables a more effective way to deliver lower system costs for high lumen, high efficiency applications designed to meet the new DesignLights Consortium(R) (DLC) 4.0 Premium requirements. Leveraging key elements of Cree's SC5 Technology(TM) Platform, the ceramic MHB-B LEDs combine high light output, high efficacy and high reliability to enable high lumen LED designs that are not possible with mid-power LEDs. The MHB-B LED delivers up to 931 lumens at 85°C and 13 percent higher LPW than the MHB-A LED in the same 5mm x 5mm package, allowing lighting manufacturers to quickly increase performance for existing MHB designs without any additional investment.
CREE: 24.65 (+0.27)
Cree IG Series LED Lighting Delivers Better Light and Healthy Savings To Reston Hospital Center
BusinessWire - Tue Aug 02, 8:00AM CDT
Reston Hospital Center, a leading acute-care and surgical facility in Reston, Va., selected LED lighting by Cree, Inc. (Nasdaq: CREE) to replace the outdated metal halide light fixtures in its parking garage. Cree's industry-leading IG Series parking luminaires are already generating positive results, delivering better light quality for an improved user experience, including greater feelings of safety, security and comfort for patients, visitors and staff. Moreover, the hospital anticipates an 81 percent reduction in energy consumption and $60,455 in energy savings annually.
CREE: 24.65 (+0.27)
Cree Receives Favorable Decision in U.S. International Trade Commission Case against Feit and Unity
BusinessWire - Tue Aug 02, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) announced today that it has received a Notice of the Initial Determination in U.S. International Trade Commission ("ITC"
investigation No. 337-TA-947 ("Certain Light-Emitting Diode Products and Components Thereof" in favor of Cree against respondents Feit Electric Company, Inc. and its Asian supplier, Unity Opto Technology Co., Ltd., on violations of trade laws for both patent infringement and false advertising.
CREE: 24.65 (+0.27)
Cree Expands Portfolio of LEDs for Horticulture Lighting
BusinessWire - Tue Jun 21, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) expands its industry-leading portfolio of LEDs optimized for horticulture lighting with the introduction of the new Cree XLamp(R) XQ-E Photo Red LED. The XQ-E Photo Red LED is capable of providing very high levels of growth-promoting light wavelengths from a footprint that is less than one-third the size of its closest competitor with similar output. The new XQ-E LED extends the family of smallest LEDs optimized for horticulture and enables lighting manufacturers to reduce the size of luminaires and lower their system cost.
CREE: 24.65 (+0.27)
Cree Redefines Price-Performance for High Power LEDs
BusinessWire - Wed Jun 15, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) continues to lead high-power LED innovation with significant improvements to the popular XLamp(R) XT-E LED. Leveraging key elements of Cree's SC5 Technology(TM) Platform, the upgraded XT-E LED family now includes a new High Efficacy (HE) option that delivers a 25 percent increase in efficacy compared to the previous XT-E LED and provides a guaranteed minimum efficacy of 164 LPW at 85°C and 350mA. These improvements make 130 LPW or higher at the system level achievable under real operating conditions and enable existing customers to quickly upgrade system performance of applications, such as outdoor and industrial lighting, while still achieving the lowest total cost.
CREE: 24.65 (+0.27)
New Cree LN Series Luminaire Now Available
BusinessWire - Thu Jun 09, 8:00AM CDT
The award-winning Cree (Nasdaq: CREE) LN Series suspended luminaire is now available to ship. With its stunning architectural design and breakthrough WaveMax(TM) Technology, the Cree(R) LN Series suspended luminaire creates better light from every angle: beautiful and efficient, simple to install, and unexpectedly affordable. Unlike direct linear lighting, this new technology solution from Cree eliminates glare and unattractive ceiling contrasts known as the "cave effect," in which ceilings appear darker than the work spaces below, causing potential discomfort and eyestrain.
CREE: 24.65 (+0.27)
Why Investors Have These Semiconductor Equipment's Stocks on Their Radar? - Cree, Ambarella, Universal Display and ASML Holding
PR Newswire - Wed Jun 08, 7:40AM CDT
With evolving industry standards and increasing activities in the Semiconductor Equipment and Materials segment, competition is even fiercer. This morning, ActiveWallSt.com has selected four equities for further review: Cree Inc. (NASDAQ: CREE), Ambarella Inc. (NASDAQ: AMBA), Universal Display Corp. (NASDAQ: OLED), and ASML Holding N.V. (NASDAQ: ASML). Free trade alerts on these stocks can be accessed for by clicking below:
AMBA: 66.99 (-4.79), OLED: 57.43 (+0.14), ASML: 107.86 (+0.37), CREE: 24.65 (+0.27)
Cree Extends Groundbreaking OSQ Series to Deliver 58 Percent Efficacy Increase and New Higher Output Luminaire
BusinessWire - Tue May 24, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) extends the groundbreaking performance of its industry-leading OSQ Series Area and Flood LED luminaires, delivering up to 58 percent more efficacy on existing lumen packages at up to 136 lumens-per-watt (LPW) for increased energy savings. The series also now offers a new OSQ(TM) 28L Outdoor Area and Flood LED luminaire option, delivering up to 28,285 lumens and enabling the replacement of HID fixtures up to 1000W. The result is better light for more applications, including open parking, walkway and common area within commercial, residential, healthcare, campus and municipal environments.
CREE: 24.65 (+0.27)
Watch for Cree to Potentially Pullback After Gaining 1.16% Yesterday
Comtex SmarTrend(R) - Mon May 23, 4:15PM CDT
Cree (NASDAQ:CREE) traded in a range yesterday that spanned from a low of $23.19 to a high of $23.76. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $23.39 on volume of 484,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CREE: 24.65 (+0.27)
Technical Roundup on Semiconductor Stocks -- Cree, Ambarella, United Microelectronics, and ASML Holding
PR Newswire - Fri Aug 26, 7:10AM CDT
The Semiconductor Equipment and Materials space consists of companies that provide the basis for the manufacturing of semiconductors. Factors affecting these operators are fluctuations in the capital expenditures of semiconductor manufacturers and the cyclicality of the industry. Stock-Callers.com directs investors' attention to the following equities: Cree Inc. (NASDAQ: CREE), Ambarella Inc. (NASDAQ: AMBA), United Microelectronics Corp. (NYSE: UMC), and ASML Holding N.V. (NASDAQ: ASML). Sign up today and download for free the research reports for the stocks covered today at:
AMBA: 66.99 (-4.79), UMC: 1.87 (+0.01), ASML: 107.86 (+0.37), CREE: 24.65 (+0.27)
Cree Set to Possibly Pullback After Yesterday's Rally of 2.97%
Comtex SmarTrend(R) - Thu Aug 25, 1:49PM CDT
Cree (NASDAQ:CREE) traded in a range yesterday that spanned from a low of $23.61 to a high of $24.26. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $24.21 on volume of 558,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CREE: 24.65 (+0.27)
Look for Shares of Cree to Potentially Pullback after Yesterday's 2.97% Rise
Comtex SmarTrend(R) - Thu Aug 25, 1:48PM CDT
Cree (NASDAQ:CREE) traded in a range yesterday that spanned from a low of $23.61 to a high of $24.26. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $24.21 on volume of 558,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CREE: 24.65 (+0.27)
Company News for August 18, 2016
Zacks Equity Research - Zacks Investment Research - Thu Aug 18, 9:10AM CDT
Companies In The News are: LOW,TGT,CREE,PLKI
TGT: 70.81 (+0.23), LOW: 76.96 (+0.52), PLKI: 54.80 (+0.50), CREE: 24.65 (+0.27)
Downgrade Alert for Cree (CREE)
Comtex SmarTrend(R) - Thu Aug 18, 3:08AM CDT
Cree (NASDAQ:CREE) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $23.38 on volume of 9.8 million shares, above average daily volume of 1.8 million. Cree has overhead space with shares priced $23.38, or 18.1% below the average consensus analyst price target of $28.56. The stock should find initial resistance at its 200-day moving average (MA) of $26.54 and further resistance at its 50-day MA of $27.48.
CREE: 24.65 (+0.27)
Target and Barnes & Noble tumble; Urban Outfitters soars
AP - Wed Aug 17, 3:41PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
URBN: 36.10 (+0.32), SPLS: 8.56 (+0.05), TGT: 70.81 (+0.23), LL: 15.91 (+0.31), OSIS: 68.37 (+0.82), BKS: 11.53 (+0.10), CREE: 24.65 (+0.27)
Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2016
BusinessWire - Tue Aug 16, 3:01PM CDT
Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $388 million for its fourth quarter of fiscal 2016, ended June 26, 2016. This represents a 2% increase compared to revenue of $382 million reported for the fourth quarter of fiscal 2015, and a 6% increase compared to the third quarter of fiscal 2016. GAAP net loss for the fourth quarter was $11 million, or $0.11 per diluted share, compared to GAAP net loss of $88 million, or $0.83 per diluted share, for the fourth quarter of fiscal 2015. On a non-GAAP basis, net income for the fourth quarter of fiscal 2016 was $19 million, or $0.19 per diluted share, compared to non-GAAP net loss for the fourth quarter of fiscal 2015 of $21 million, or $0.19 per diluted share.
CREE: 24.65 (+0.27)
3 Stocks to Watch After the Market Closes Today
ESTMZ - Tue Aug 16, 9:47AM CDT
Urban Outfitters ( URBN ): Universal themes impacting the broader retail sector have also hurt Urban Outfitters. A shift in consumer spending habits towards fast fashion and online retailers have been especially concerning for sales. The company has...
URBN: 36.10 (+0.32), SPY: 218.37 (+0.98), PLKI: 54.80 (+0.50), CREE: 24.65 (+0.27)
Semiconductor Stocks Earnings Preview: ADI, CREE, SMTC
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 6:20AM CDT
The second-quarter earnings reporting cycle is drawing to a close. We have results from 454 S&P 500 companies (or 92.1% of the index's total market capitalization) as of Aug 10.
FB: 126.51 (+0.34), ADI: 63.15 (+0.09), GOOGL: 796.87 (+5.47), CREE: 24.65 (+0.27), SMTC: 28.07 (+0.58)
Cree, Inc. Announces 2016 Fourth Quarter Earnings Release Webcast
BusinessWire - Tue Aug 09, 8:00AM CDT
About Cree
CREE: 24.65 (+0.27)
Next-Generation Cree CPY LED Canopy Luminaire Delivers Category-Leading Efficiency
BusinessWire - Thu Aug 04, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) continues to break efficiency records with the next generation of its best-selling CPY 13,000 lumen LED canopy luminaire, delivering category-leading efficiency of up to 136 lumens per watt (LPW). This new 13,000 lumen Cree(R) canopy luminaire offers superior illumination and industry-leading efficiency, as well as easy installation and lower total cost of ownership for better light experiences. Already a favorite with canopy owners for its uniform, clean white light, the 13,000 lumen CPY luminaire boosts efficacy by 20 percent, lowering operating costs while enhancing roadside visibility and appeal at service stations, convenience stores and drive-through restaurants or banking locations.
CREE: 24.65 (+0.27)
New Cree(R) MHB-B LED Lowers System Costs for High Performance Lighting Applications
BusinessWire - Thu Aug 04, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) introduces the XLamp(R) MHB-B LED, a new high-power LED that enables a more effective way to deliver lower system costs for high lumen, high efficiency applications designed to meet the new DesignLights Consortium(R) (DLC) 4.0 Premium requirements. Leveraging key elements of Cree's SC5 Technology(TM) Platform, the ceramic MHB-B LEDs combine high light output, high efficacy and high reliability to enable high lumen LED designs that are not possible with mid-power LEDs. The MHB-B LED delivers up to 931 lumens at 85°C and 13 percent higher LPW than the MHB-A LED in the same 5mm x 5mm package, allowing lighting manufacturers to quickly increase performance for existing MHB designs without any additional investment.
CREE: 24.65 (+0.27)
Cree IG Series LED Lighting Delivers Better Light and Healthy Savings To Reston Hospital Center
BusinessWire - Tue Aug 02, 8:00AM CDT
Reston Hospital Center, a leading acute-care and surgical facility in Reston, Va., selected LED lighting by Cree, Inc. (Nasdaq: CREE) to replace the outdated metal halide light fixtures in its parking garage. Cree's industry-leading IG Series parking luminaires are already generating positive results, delivering better light quality for an improved user experience, including greater feelings of safety, security and comfort for patients, visitors and staff. Moreover, the hospital anticipates an 81 percent reduction in energy consumption and $60,455 in energy savings annually.
CREE: 24.65 (+0.27)
Cree Receives Favorable Decision in U.S. International Trade Commission Case against Feit and Unity
BusinessWire - Tue Aug 02, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) announced today that it has received a Notice of the Initial Determination in U.S. International Trade Commission ("ITC"
investigation No. 337-TA-947 ("Certain Light-Emitting Diode Products and Components Thereof" in favor of Cree against respondents Feit Electric Company, Inc. and its Asian supplier, Unity Opto Technology Co., Ltd., on violations of trade laws for both patent infringement and false advertising. CREE: 24.65 (+0.27)
Cree Expands Portfolio of LEDs for Horticulture Lighting
BusinessWire - Tue Jun 21, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) expands its industry-leading portfolio of LEDs optimized for horticulture lighting with the introduction of the new Cree XLamp(R) XQ-E Photo Red LED. The XQ-E Photo Red LED is capable of providing very high levels of growth-promoting light wavelengths from a footprint that is less than one-third the size of its closest competitor with similar output. The new XQ-E LED extends the family of smallest LEDs optimized for horticulture and enables lighting manufacturers to reduce the size of luminaires and lower their system cost.
CREE: 24.65 (+0.27)
Cree Redefines Price-Performance for High Power LEDs
BusinessWire - Wed Jun 15, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) continues to lead high-power LED innovation with significant improvements to the popular XLamp(R) XT-E LED. Leveraging key elements of Cree's SC5 Technology(TM) Platform, the upgraded XT-E LED family now includes a new High Efficacy (HE) option that delivers a 25 percent increase in efficacy compared to the previous XT-E LED and provides a guaranteed minimum efficacy of 164 LPW at 85°C and 350mA. These improvements make 130 LPW or higher at the system level achievable under real operating conditions and enable existing customers to quickly upgrade system performance of applications, such as outdoor and industrial lighting, while still achieving the lowest total cost.
CREE: 24.65 (+0.27)
New Cree LN Series Luminaire Now Available
BusinessWire - Thu Jun 09, 8:00AM CDT
The award-winning Cree (Nasdaq: CREE) LN Series suspended luminaire is now available to ship. With its stunning architectural design and breakthrough WaveMax(TM) Technology, the Cree(R) LN Series suspended luminaire creates better light from every angle: beautiful and efficient, simple to install, and unexpectedly affordable. Unlike direct linear lighting, this new technology solution from Cree eliminates glare and unattractive ceiling contrasts known as the "cave effect," in which ceilings appear darker than the work spaces below, causing potential discomfort and eyestrain.
CREE: 24.65 (+0.27)
Why Investors Have These Semiconductor Equipment's Stocks on Their Radar? - Cree, Ambarella, Universal Display and ASML Holding
PR Newswire - Wed Jun 08, 7:40AM CDT
With evolving industry standards and increasing activities in the Semiconductor Equipment and Materials segment, competition is even fiercer. This morning, ActiveWallSt.com has selected four equities for further review: Cree Inc. (NASDAQ: CREE), Ambarella Inc. (NASDAQ: AMBA), Universal Display Corp. (NASDAQ: OLED), and ASML Holding N.V. (NASDAQ: ASML). Free trade alerts on these stocks can be accessed for by clicking below:
AMBA: 66.99 (-4.79), OLED: 57.43 (+0.14), ASML: 107.86 (+0.37), CREE: 24.65 (+0.27)
Cree Extends Groundbreaking OSQ Series to Deliver 58 Percent Efficacy Increase and New Higher Output Luminaire
BusinessWire - Tue May 24, 8:00AM CDT
Cree, Inc. (Nasdaq: CREE) extends the groundbreaking performance of its industry-leading OSQ Series Area and Flood LED luminaires, delivering up to 58 percent more efficacy on existing lumen packages at up to 136 lumens-per-watt (LPW) for increased energy savings. The series also now offers a new OSQ(TM) 28L Outdoor Area and Flood LED luminaire option, delivering up to 28,285 lumens and enabling the replacement of HID fixtures up to 1000W. The result is better light for more applications, including open parking, walkway and common area within commercial, residential, healthcare, campus and municipal environments.
CREE: 24.65 (+0.27)
Watch for Cree to Potentially Pullback After Gaining 1.16% Yesterday
Comtex SmarTrend(R) - Mon May 23, 4:15PM CDT
Cree (NASDAQ:CREE) traded in a range yesterday that spanned from a low of $23.19 to a high of $23.76. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $23.39 on volume of 484,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CREE: 24.65 (+0.27)
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