Daqo New Energy is trading at $10.88, down 5.10%, with materials-sector weakness and broader risk-off trading the clearest context.
- On September 28, rising oil prices and Treasury yields pressured global stocks.
- A September 28 industry report described a cautious polysilicon price outlook amid weak demand; it did not specifically link the report to Daqo New Energy’s decline.
- No verified company-specific announcement directly explaining the decline was found.