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.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.