GSM breaches a new low as it breaks $7 per share

GSM (Ferroglobe) saw its stock price fall 5.44% or 40¢ to $6.95 per share, an all time low. Even analysts are wondering why the stock is being hammered so hard by sellers. “There is either a ticking time bomb or something else,” one analyst said. “Who knows, maybe it’s going to be taken private again.” Analysts also said that the majority owner borrowed against the stock which could mean future problems down the road. The 52-week high was $17.61.

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G/Day!
After ~ 2 month ago a new CFO was introduced in FG still no date for the Q2 results is announced. WHY?