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MOVER · WED NOV 4 2026

Why GSM fell 20.1% on Nov 4 2026: earnings miss

GSM-20.1%on Wed Nov 4 2026

Ferroglobe PLC Ordinary Shares was down 20.1% on the day at $3.08, ranked #3 on 56.7× its usual five-minute volume, when TapeRank recorded this drop at 13:18 ET during regular hours.

THE DAY ON THE LIST · 1 EVENT

  1. 13:18 ET
    MOVER · REGULAR

    $3.08 · ▼ 20.1% ON THE DAY · 56.7× 5M RVOL · RANK #3

    JUSTIFIEDCONFIDENCE5/5

    GSM is down 17.1% after missing both adjusted EPS and revenue estimates, while adjusted EBITDA turned negative at $2.4 million. The profit warning signals—predatory import pricing, high energy costs, plant closures, and a 20% workforce reduction—support a sharp repricing lower.

    WHYA 17.1% decline is large, but it is proportionate to an earnings miss with negative EBITDA and substantial restructuring signals rather than an isolated minor variance.
    ANALYZED 12:52 ET · 25 MIN AGO · OPENAI/GPT-5.6-LUNA
    THE ROW AND SESSION LEVELS AT 13:18 ET
    LAST3.08
    DAY▼ 20.1%
    5 MIN▼ 2.37%
    5M RVOL56.7×
    5M $VOL$678K
    FLOAT*186.6M
    RANK#3
    SESSIONREGULAR
    VWAP3.42
    HOD3.74
    LOD3.08
    OR HIGH3.74
    OR LOW3.57
    PREV CLOSE3.86
    PM HIGH3.58
    PM LOW3.51
    GAP▼ 5.70%

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

THE SESSION

  • 09:30 ETOpened at $3.64, -5.7% on the previous close of $3.86
  • 09:33 ETRegular-session high, $3.74
  • 15:52 ETRegular-session low, $2.85
  • 15:59 ETLast trade of the regular session, $2.92, -24.2% on the previous close of $3.86
  • Volume: 4.2M shares in regular hours, 2K before the open

GSM opened at $3.64, below the previous close, briefly reached $3.74, and then declined through the session to a $2.85 low before ending at $2.92, down 24.2% from the prior close. TapeRank’s read tied the move to an earnings miss: Ferroglobe missed adjusted EPS and revenue estimates, reported negative adjusted EBITDA of $2.4 million, and cited import pricing, high energy costs, plant closures, and a 20% workforce reduction as warning signals supporting the repricing lower. There were no halts.

WRITTEN WED NOV 4 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

On the tape right now

WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY

01
ECGSURGING 0:05
79.71
▼ 29.3%
▼ 1.41%
41.0×
FAD
$6.2M
51.1M*
STRETCHED
02
CAVASURGING 0:00
64.78
▲ 7.4%
▲ 1.30%
9.3×
ORBHODVWH
$11.6M
116.8M*
UNEXPLAINED
03
URGNSURGING 0:00
29.16
▼ 15.2%
▼ 1.29%
15.6×
FAD
$1.4M
48.9M*
JUSTIFIED
04
MPTISURGING 0:00
64.15
▼ 1.5%
▲ 0.96%
23.8×
VWH
$637K
4.3M*
UNEXPLAINED
05
LSPDSURGING 0:00
11.52
▲ 4.9%
▼ 1.24%
16.5×
ORB
$426K
133.3M*
UNEXPLAINED
06
CRCTSURGING 0:00
8.90
▲ 49.2%
▼ 0.72%
15.1×
GAPORBVWHEXT
$395K
54.7M*
STRETCHED
07
BROSSURGING 0:00
43.97
▲ 0.9%
▼ 0.91%
4.0×
FAD
$4.3M
137.9M*
UNEXPLAINED
08
LMRICOOLING 1:35
12.85
▲ 14.5%
▲ 1.06%
132×
ORBHODVWH
$1.7M
—
UNEXPLAINED
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