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Wolfspeed announced a potential sale of 24 million shares held by existing stockholders.

The rally in artificial intelligence-related stocks is suddenly on shaky footing, and Oracle Corp.’s earnings report after the close represents the group’s next test.

Wipro shares have fallen more than 13% in one week and 8% in one month. The shares of the company are down nearly 32% in 2026 so far, closing at Rs 181.67 apiece on Tuesday. The stock has delivered negative returns of nearly 28% over one year, 8% in three years and 33% over five years.