Daqo New Energy Corp. (DQ) shares are gaining more than 14 percent on Monday morning trade, despite lackluster results. The stock has touched a year-to-date low on October 27 and trying for a comeback.
Looking ahead, the company expects higher polysilicon production in the fourth quarter and the full year 2023.
For the fourth quarter, the Company expects to produce approximately 59,000 MT to 62,000 MT of polysilicon, higher than the third quarter.
For the full year 2023, the production target is approximately 196,000 MT to 199,000 MT of polysilicon, representing an increase of 46 to 49 percent, compared to 2022.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.