It is a great moment for Ferroglobe PLC (NASDAQ: GSM) as it provides details about the equity purchase agreement involving the sale of $40 million worth of ordinary shares. The company has successfully signed the agreement in question, selling out the shares to a select group of investors. The terms of […]
Tag: Ferroglobe PLC
Ferroglobe PLC (NASDAQ:GSM) Implodes On Widening Net Loss and Sales Miss
A more extensive than expected net loss, revenue missed estimates and shrinking margins all but sums up Ferroglobe PLC (NASDAQ:GSM) woes in the market. The stock has since taken a significant hit on waning investor’s confidence about the company’s long-term prospects. The stock is currently languishing at an all-time low. […]