Cree’s stock fell from a high of near $70 last week to $52.xx today after not meeting analyst expectations. Cree blamed the disappointing quarter on

Cree’s stock fell from a high of near $70 last week to $52.xx today after not meeting analyst expectations. Cree blamed the disappointing quarter on

“Demand isn’t fantastic right now in the marketplace and things have softened a little bit,” LED lighting maker Cree Inc  reported a 47 percent rise