Why TMC The Metals Company Stock Is Skyrocketing Today
TMC The Metals Company (NASDAQ: TMC) stock is roaring higher Wednesday. The company's share price was up 23.7% as of 3:30 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was roughly flat on the day's trading.TMC's valuation is soaring after the mining specialist published an update that is easing investor concerns about stock dilution. The news has helped continue a big rally for the stock that was kicked off earlier this week by the announcement that TMC had signed a big investment deal with a South Korean company.Image source: Getty Images.Continue reading
TMC The Metals Company (NASDAQ: TMC) stock is roaring higher Wednesday. The company's share price was up 23.7% as of 3:30 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was roughly flat on the day's trading.
TMC's valuation is soaring after the mining specialist published an update that is easing investor concerns about stock dilution. The news has helped continue a big rally for the stock that was kicked off earlier this week by the announcement that TMC had signed a big investment deal with a South Korean company.
Image source: Getty Images.
