Stock market anomaly | Daqo New Energy (DQ.US) plunges nearly 14%, Q1 revenue drops 70.2% year-on-year

According to the Securities Times app, on Tuesday, Daqo New Energy (DQ.US) fell nearly 14%, closing at $12.76. In terms of news, Daqo New Energy announced its first quarter 2025 performance, with Q1 revenue of $123.9 million, a year-on-year decrease of 70.2%; under Non-GAAP accounting principles, the loss per ADS was $0.80.