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Benzinga
Benzinga
Business
The Bamboo Works

Daqo New Energy Suffering from Year-End Hiccups, or Longer-Term Solar Indigestion?

Daqo Daqo New Energy China

Key Takeaways:

  • Daqo New Energy said its main operating unit expects to post 75% sales-volume growth for the first quarter, reversing a sharp unexpected contraction in the fourth quarter
  • Company’s stock has rallied nearly 40% over the last two-and-a-half weeks, but remains significantly undervalued compared with peers
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