T1 Energy (TE) Climbs 12.7% on Bargain-Hunting

We recently published 10 Stocks Winning the Market. T1 Energy Inc. (NYSE:TE) was one of the best performers on Tuesday.

T1 Energy soared by 12.72 percent on Tuesday to finish at $7.09 apiece, as investors appeared to have hunted for bargains amid the company’s 29 percent fall this month.

From the $8.33 closing price in end-January, T1 Energy Inc.’s (NYSE:TE) share price has already fallen by as much as 30 percent to $5.91 apiece, following concerns over the immediate termination of its chief accounting officer, Denise Cruz.

Investors took the news in a negative light, despite announcements that the termination was due to her pursue of personal interests. Cruz was replaced by Tom Mahrer, who joined as director of SEC reporting in October 2025.

In other news, T1 Energy Inc. (NYSE:TE) welcomed the Treasury Department’s initial foreign entity of concern provisions, which supported its eligibility to receive Section 45X tax credits.

“T1 is an American-owned and controlled company committed to investing in advanced American manufacturing, building a domestic and non-FEOC solar supply chain, and bringing solar technology and know-how back to America,” said T1 Energy Inc. (NYSE:TE) Chairman and CEO Dan Barcelo.

“The Treasury guidance aligns with our mission and validates T1’s strategy to satisfy FEOC material assistance requirements,” he added.

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.