T1 Energy is trading 5.3% up at $6.90 as shares stage a technical rebound following a sharp selloff driven by regulatory scrutiny and short-seller allegations.
- The stock faced significant pressure in recent sessions following news of DOJ grand jury subpoenas and SEC document requests.
- Short-seller reports have recently targeted the company, alleging issues related to governance and tax credit claims.
- Today's recovery is supported by broader strength across energy-sector peers as investors reassess the recent downward move.