T1 Energy (NYSE:TE) Shares Up 16.5% – Should You Buy?
T1 Energy Inc’s (NYSE:TE) shares rose 16.5% mid-day Tuesday to about $9.41, after closing at $8.08; the stock traded as high as $9.50 on lighter-than-average volume. The company reported May 13 EPS of -$0.08 vs -$0.21 expected on $177.65M revenue. Analysts cited mixed ratings; Zacks upgraded to hold, while others reiterated sell/buy, with a consensus $8 target.