Cree (CREE +6.4%) surges on new takeover speculation. The fact that 18.2% of Cree's float was...
Cree (CREE +6.4%) surges on new takeover speculation. The fact that 18.2% of Cree's float was shorted as of Sept. 15 helps explain how a mere rumor could lead to a big move higher. GE and Philips (PHG) have been named in the past as potentially interested parties.
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