Cree Plunges After Q4 Results (CREE)
August 13, 2013 at 19:06 PM EDT
Cree (NASDAQ: CREE ) released its fourth-quarter earnings report after the closing bell on Tuesday. The company reported adjusted EPS that was in-line with analysts' consensus estimates and revenue that was below expectations. In late trading, the stock was last down more than 15 percent to $64.11. Management Commentary "Our