DQ240719C12500
- 3.35
- +1.35+67.50%
Daqo New Energy Newsroom
US solar energy giant Solaredge's stock price plunged 20% due to tens of millions of dollars in bad debt, triggering a general decline in solar energy stocks.
American cecep solar energy equipment manufacturer SolarEdge's stock price plunged 20% on Tuesday. In a document, SolarEdge said that its customer PM&M Electric owes as much as 11.4 million US dollars and is currently applying for bankruptcy protection. June has become the worst month in the company's history, with a cumulative decline in stock price of nearly 50%.
Daqo New Energy Down Over 7%, on Track for Lowest Close Since June 2020 -- Data Talk
Daqo New Energy Corp Sponsored ADR ( DQ ) is currently at $15.59, down $1.26 or 7.48% --Would be lowest close since June 30, 2020, when it closed at $14.85 --On pace for largest percent decrease sin
Express News | Goldman Sachs: Artificial Intelligence will significantly increase the electrical utilities demand for datacenters.
Wind power or henry hub natural gas, who will be the new engine of the American electric power revolution?
Data centers are the backbone of internet and AI applications, and leaders in the wind power industry believe that economic benefits are enhanced as prices of cecep solar energy panels and batteries decrease. However, natural gas producers believe that they are better equipped to meet the surging demand, especially for data centers.
US stocks fluctuated| Daqo New Energy fell nearly 5%, suffered a significant cut in target price by GLJ research
On June 15th, Gelunhui reported that Daqo New Energy (DQ.US) fell nearly 5% to $19.03, hitting a new low since May 21st. On the news side, GLJ Research analyst Gordon Johnson maintained a sell rating for Daqo New Energy and lowered the target price from $41.81 to $12.51.
Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Friday Trading
Asian equities traded in the US as American depositary receipts were trending lower Friday morning, declining 0.9% to 1,933.52 on the S&P Asia 50 ADR Index. The index is down 0.5% for the week so far.
GLJ Research Maintains Daqo New Energy(DQ.US) With Sell Rating, Cuts Target Price to $12.51
GLJ Research analyst Gordon Johnson maintains $Daqo New Energy(DQ.US)$ with a sell rating, and adjusts the target price from $41.81 to $12.51.According to TipRanks data, the analyst has a success rate
GLJ Research Maintains Sell on Daqo New Energy, Lowers Price Target to $12.51
GLJ Research analyst Gordon Johnson maintains Daqo New Energy (NYSE:DQ) with a Sell and lowers the price target from $19.66 to $12.51.
Daqo New Energy Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/14/2024 -37.04% GLJ Research $19.66 → $12.51 Maintains Sell 05/06/2024 -11.93% HSBC $17.5 → $17.5 Downg
Institutional Owners May Consider Drastic Measures as Daqo New Energy Corp.'s (NYSE:DQ) Recent US$195m Drop Adds to Long-term Losses
Key Insights Significantly high institutional ownership implies Daqo New Energy's stock price is sensitive to their trading actions A total of 9 investors have a majority stake in the company with 5
Capital Allocation Trends At Daqo New Energy (NYSE:DQ) Aren't Ideal
There are a few key trends to look for if we want to identify the next multi-bagger.
US stocks closed | S&P and Nasdaq continue to hit new closing highs! Nvidia rose nearly 1% on the first day of its split.
The PHLX Semiconductor Index continued to break new highs, with Broadcom up 2.4%; the solar energy sector had the highest increase, with SinglePoint up more than 20%.
US stocks closed | Non-farm employment was hit hard and interest rate expectations fell, with all three major indexes falling collectively. Gamestop plummeted nearly 40%.
After the US employment report, US bond yields rose more than 10 basis points; the US dollar index, which had approached its two-month low, rose sharply and hit a new high in more than a week; offshore renminbi fell 180 points and lost 7.26. Bitcoin dropped more than $3,000, approaching the $72,000 mark in intraday trading.
US Moves Closer To Imposing Tariffs On Asian Solar Panels Following Agency Vote
US Moves Closer To Imposing Tariffs On Asian Solar Panels Following Agency Vote
DAQO New Energy Shares Are Trading Lower. The Stock May Be Under Pressure Following Recent Calls for Biden to Investigate Chinese Solar Companies.
DAQO New Energy Shares Are Trading Lower. The Stock May Be Under Pressure Following Recent Calls for Biden to Investigate Chinese Solar Companies.
Lawmakers Push For Investigation Of Chinese Solar Companies
Lawmakers Push For Investigation Of Chinese Solar Companies
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Wednesday Trading
Asian equities traded in the US as American depositary receipts were trending sharply higher Wednesday morning, rising 1.38% to 1,936.34 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
Express News | NYSE Order Imbalance 116138.0 Shares on Sell Side
AI “eats electricity” violently, and the energy transition is imminent! Photovoltaic solar racetracks are rising
As the energy boom spawned by AI continues to ferment, photovoltaic solar racetracks are also gradually “emerging.” In just over a month, the US PV stock No. 1 Solar has increased by more than 50%, and GCL Technology, a leading Hong Kong stock company, has also surged in volume.
Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Wednesday Trading
Asian equities traded in the US as American depositary receipts were falling sharply Wednesday morning, dropping 1.66% to 1,915.69 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led b