MEMC Electronic Materials (WFR) reported second quarter net income of $0.06 per share after the bell Thursday, up from $0.01 per share in the prior year period. The consensus estimate was for EPS of $0.09.
MEMC Electronic Materials gapped open sharply lower Friday and has continued to decline on above average volume. Shares are currently down 2.00 at $9.26. The stock has dropped below support and is trading at a new low for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.