Why TMC The Metals Company Skyrocketed Today

Shares of Vancouver-based TMC The Metals Company (TMC 20.88%) rocketed 22.7% higher on Monday as of 1:07 p.m. ET.The Metals Company was mentioned in a Wall Street Journal article this past weekend, highlighting an April 24 executive order from the Trump administration directing the National Oceanic and Atmospheric Administration (NOAA) to grant permits to mining companies to extract critical metals from the sea floor. The metals include manganese, cobalt, copper, and nickel. While the executive order happen ...