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home / news releases / DQ - Daqo New Energy: There May Be More Pain Ahead In The Short Term

DQ - Daqo New Energy: There May Be More Pain Ahead In The Short Term

DAQO New Energy Corp. American Depositary Shares each representing five

2024-04-30 15:30:57 ET

Summary

  • Daqo New Energy Corp.'s Q1 earnings were met with a negative response from investors, leading to a decline in share price.
  • The company's financial position remains strong, with $2.7B in cash and no debt.
  • Revenues and margins have been significantly impacted by the decline in the average sale price of polysilicon.

Introduction

For further details see:

Daqo New Energy: There May Be More Pain Ahead In The Short Term
Stock Information
Company Name: DAQO New Energy Corp. American Depositary Shares each representing five
Stock Symbol: DQ
Market: NYSE
Website: dqsolar.com
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