Ferrovial Traders Wait as Monday Brings Nasdaq-100 Test
Ferrovial closed Friday at 58.70 euros in Madrid, up 0.55%, with trading volume nearly double the 20-session average. Citi downgraded the stock to Neutral, citing valuation concerns after a recent rally. The company repurchased 368,000 shares last week and is offering a 400 million euro scrip dividend, with the choice window closing June 2. First-quarter adjusted EBITDA rose 15% to 321 million euros.