Daqo New Energy is trading 8.46% up in pre-market at $11.82, with no clear company-specific catalyst identified for the September 29 move.
- A September 29 market update said polysilicon futures fell 2.58%; a recent industry report cited limited transactions and rising inventories.
- A September 29 report noted an average βReduceβ analyst rating, but did not establish it caused the gain; broader index moves were modest.