Daqo New Energy Shares Recover After Q2 Miss as Sequential Revenue Improves and Buyback Provides Support
Daqo New Energy rallied intraday after an initial sell-off following its pre-market release of Q2 2026 results. The polysilicon producer reported a loss per ADS of -$1.20 and revenue of $62.7 million, both missing analyst expectations, but shares found support amid sequential revenue improvement and an active share buyback program.
