T1 Energy Stock Surges 32% to Record High Amid Heavy Options Activity
T1 Energy (TE) shares rocketed to a 52-week high of $9.85, marking a 670% annual gain as traders piled into short-dated call options. Volume spiked to eight times normal levels, with 68,700 contracts traded—primarily $10 and $12 strike calls—as the put/call ratio hovered near historic lows.
Analysts diverge on outlook: BTIG maintains a Buy rating with an $8 target after Q4 EBITDA beat ($9M vs. -$11M expected), while Needham cut its target to $8 amid regulatory concerns flagged by Fuzzy Panda Research. The stock now trades at $9.92 ahead of August 14 earnings.
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