DAQO New Energy shares are trading lower. The stock may be under pressure following recent calls for Biden to investigate Chinese solar companies.
Portfolio Pulse from Benzinga Newsdesk
DAQO New Energy shares are trading lower, potentially due to recent calls for President Biden to investigate Chinese solar companies.
June 06, 2024 | 7:23 pm
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DAQO New Energy shares are trading lower, likely due to recent calls for President Biden to investigate Chinese solar companies. This regulatory scrutiny could impact the company's operations and market perception.
The call for an investigation into Chinese solar companies by President Biden could lead to increased regulatory scrutiny on DAQO New Energy. This could negatively impact the company's operations and investor sentiment, leading to a decline in stock price.
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