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T1 Energy shares drop over 18% after SEC probe into tax credit disclosures and accounting practices.

Market News
13 Nov 2026, 19:53 WIB
GlobeNewsWire
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Bearish
T1 Energy shares drop over 18% after SEC probe into tax credit disclosures and accounting practices.

T1 Energy disclosed an SEC investigation into its public disclosures about Section 45X tax credit eligibility and accounting matters, causing its shares to fall nearly 19%. The probe follows concerns raised by a short-seller about the company's ties to Trina Solar and eligibility for tax credits. T1 Energy plans to cooperate fully with the SEC and maintains it expects to qualify for the credits. Legal firm Block & Leviton is investigating potential securities law violations and is inviting investors who suffered losses to contact them for recovery options.

As of Nov 14, 2026 01:01 WIB, T1 Energy (TE) shares are trading at USD 1.76 on Pluang, down 10.41% for the day. The stock sees a balanced order flow with 49% sell and 51% buy activity, and a typical holding period of 2 days. The company’s market capitalization stands at $590.01 million, reflecting ongoing investor caution following recent disclosures.

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