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The latest update is out from Charles & Colvard ( (CTHR) ).
Charles & Colvard, Ltd. announced a settlement agreement with Wolfspeed, Inc., related to a dispute over a breached exclusive supply agreement for silicon carbide (SiC) materials. The settlement, reached on February 10, 2025, requires Charles & Colvard to pay $4.77 million to Wolfspeed, resolving claims involving purchased inventory, attorney fees, and interest, and marks the termination of their supply agreement.
More about Charles & Colvard
YTD Price Performance: -3.47%
Average Trading Volume: 122,311
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.33M
For a thorough assessment of CTHR stock, go to TipRanks’ Stock Analysis page.
