T1 Energy Inc. is trading at $7.40 (4.2% down) in after-hours trading following a critical report from short-seller Fuzzy Panda Research alleging the company misled investors.
- The report alleges T1 Energy continued the use of a prohibited Chinese supplier and failed to disclose $65 million in China-related purchases.
- The stock has extended a multi-day slide from above $12 on June 2, with sentiment further pressured by broader market weakness.