T1 Energy Inc. shares surged over 15% on June 2, 2026. The move represents a delayed positive reaction to first-quarter results originally released on May 13.
Bullish options trading accompanied the rally. Call option volume more than doubled its daily average during the session.
The company reported a loss of $0.08 per share. This result outperformed analyst estimates of a $0.21 loss.
Quarterly revenue reached $177.6 million. This figure marks a significant increase from the $53.5 million reported in the prior year. T1 Energy maintains strong top-line growth despite ongoing cash burn.