Ferroglobe shares drop today
Ferroglobe shares fell 6.3% to $3.84 on Nasdaq Friday, near session lows, as U.S. stocks slid after May payrolls far exceeded forecasts. The company reported Q1 revenue of $347.7 million, up 13% year-over-year, but adjusted EBITDA dropped to $3.3 million from $14.6 million last quarter.