• T1 Energy (TE) is trading at $9.32 (+5%), extending gains after yesterday's 8.2% surge.
  • The rally follows the company's June 27, 2026, removal from several Russell value benchmarks and simultaneous addition to growth-focused Russell indexes, signaling a changing business profile and potential capital-raising flexibility.
  • The company also doubled its authorized common shares from 500 million to 1 billion in mid-June, providing more room to raise equity capital for its capital-intensive expansion plans.