MEMC Electronics Materials (WFR +10.9%) rides the coattails of sector rival First Solar higher...

|By:, SA News Editor

MEMC Electronics Materials (WFR +10.9%) rides the coattails of sector rival First Solar higher after FSLR decides to dramatically restructure itself. The company - which makes polysilicon wafers and builds solar plants - has outperformed the Market Vectors Solar ETF (KWT) by nearly a full percentage point YTD amid the solar stock shakeout.