Why TMC The Metals Company Stock Is Plummeting Today

U.S.-China trade news is pressuring TMC's valuation and making investors question what comes next.TMC The Metals Company (TMC -8.59%) stock is getting hit with a wave of sell-offs in Tuesday's trading. The company's share price is down 8.2% as of 1:30 p.m. ET, amid declines of 0.1% for both the S&P 500 (^GSPC -0.20%) and the Nasdaq Composite (^IXIC -0.16%).TMC's stock is under pressure today following news that the U.S. has taken a key step to help facilitate a trade deal with China. While a trade deal coul ...