Cree‘s stock price dropped nearly 5% as the company posted another soft set of quarterly results. The company’s top line and profitability continued to decline in the quarter, owing to fierce competition in the LED industry, which has suppressed LED prices as well as Cree’s market share.
from Forbes Real Time //www.forbes.com/sites/greatspeculations/2017/08/24/highlights-from-crees-fiscal-q4/
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