Daqo New (DQ) stock is soaring in intraday trading, rising 5.26% as the solar sector experiences a significant upturn. The surge in Daqo New's stock price aligns with a broader rally observed across various solar energy companies.

The solar industry is witnessing substantial gains across the board. Notable performers include Sunnova Energy, which has skyrocketed by 16%, and First Solar, posting an impressive 12% increase. Other significant movers in the sector are SolarEdge with a 10% gain, Enphase Energy up 4%, and Maxeon Solar rising 3%.

While the specific catalyst for Daqo New's individual performance hasn't been identified, the company's stock movement appears to be riding the wave of positive sentiment surrounding the solar energy sector. As a key player in the polysilicon manufacturing space, which is crucial for solar panel production, Daqo New is benefiting from the overall optimism in the renewable energy market. Investors should keep an eye on industry trends and potential policy developments that could further impact the solar sector's performance.