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Stock impact report

Now All Grown Up, Should Daqo Consider Privatizing? [Seeking Alpha]

DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (DQ) 
Last daqo new energy corp. american depositary shares, each representing five ordinary shares earnings: 3/11 05:27 am Check Earnings Report
US:NYSE Investor Relations: dqsolar.com
Company Research Source: Seeking Alpha
Daqo's output rose 80% in the fourth quarter with the addition of new capacity, but its profit tumbled on plunging polysilicon prices. The global solar power sector is likely to enter a new phase of no growth between 2024 and 2028, following several years of strong expansion, according to Wood Mackenzie. If the global solar energy sector was a person, it would be just entering adulthood after a decade of adolescence that included both explosive growth and also some growing pains. The latest financial report from Daqo New Energy Corp. NYSE: DQ ) contains many signs of that "growing up" period for the global polysilicon industry that is a key supplier to makers of solar panels that are becoming a leading source of clean energy. After years of making panels that were only commercially viable with help from government subsidies, the industry achieved a breakthrough in the last few years by boosting panel efficiency to levels that could be competitive with coal and other traditional Show less Read more
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