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Daqo New Energy Stock Up 9%

Shares of Daqo New Energy Corp. (DQ) are gaining nearly 9% on Wednesday morning, continuing its rally. There were no specific announcements from the company to drive the stock movement.

DQ is currently trading at $77.01, up $6.13 or 8.65%, on the Nasdaq. The stock has gained over 40% in the past one-month period.

Daqo New Energy, together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in China.

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