you were right it was (.48) I sold out temporarily.
The Street "Lower revenue in the Semiconductor Materials segment was due to lower volumes and continued pricing pressures, influenced primarily by industry-related weakness," said the company in a statement.
On Tuesday, Sunedison shares were soaring after the company announced it had confidentially filed an S-1 to publicly issue shares of an anticipated solar project. Shares closed 6.8% higher on the news.
The Missouri-based business will provide its first-quarter and full-year outlook at its Capital Markets Day on Feb. 25.