$CREE is one of biggest losers #stocks today. read more:

Cree, Inc. (symbol: CREE) was one of the worst losers of the trading day
today (2016-08-17), losing -14.92%. The number of shares that changed hands
was 9,831,321, or about 11 times the average daily volume in the stock.
The closing price was $23.38, amounting to a market cap of $2,350,000,000,
about -28.98% off the highest price in the last 12 months. The stock has
been trading at a range between $22.1 and $32.92.
CREE is in the Semiconductors industry, part of the Technology sector. It
first went public in 1993.